Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Fri 02/21/2025 View Thu 02/20/2025 View Wed 02/19/2025 View Tue 02/18/2025 View Mon 02/17/2025 View Sun 02/16/2025 View Sat 02/15/2025
1
2025-02-21 Home Front: Politix
Commerce secretary Howard Lutnick reveals Trump's ''goal'' to abolish the IRS, utilize tariffs so ''whole economy explodes''
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by Fred 2025-02-21 00:00|| E-Mail|| Front Page|| [11148 views ]  Top

#1 

If a person were to dig a little into IRS history a little.

Looking at the 16th Amendment to the Constitution in 1913. It was sold on taxing the FILTHY RICH and not the working class, given the original initial tax brackets.

1913 Tax Table
Note: With a 1% tax starting at $20,000 (1913) or more on wages.

Adjusted for inflation, that 1913 $20,000 is equal to over $600K in 2025 dollars.

Meaning only around 1% to 3% of all US households, out of 130 million, would be paying Income Tax today.

BUT!
The Rich saw a Congress that like to spend $$$$$ and open to a lot of donations to create Tax Loopholes.
Posted by NN2N1 2025-02-21 05:01||   2025-02-21 05:01|| Front Page Top

#2 ^USA wasn't a welfare state in 1913.
Posted by Grom the Affective 2025-02-21 05:05||   2025-02-21 05:05|| Front Page Top

#3 Somehow Income Tax and Federal Reserve Banks became a thing in every single western country btwn 1913-1915. Same lies were recycled in each country to build support for it. So unnatural, taxation is theft.

For perspective, the Christian bible says the Egyptian Slaves only tithed the Pharoah 20% of their labor.
Posted by mossomo 2025-02-21 12:46||   2025-02-21 12:46|| Front Page Top

#4 Like tariffs just have each state collect and pay their ‘fair’ share of taxes to the Feds. Somehow an entire state can run on 5-10% but the feds need 20-35%.
Posted by Airandee 2025-02-21 17:17||   2025-02-21 17:17|| Front Page Top

22:58 DarthVader
20:37 Frank G
20:08 Cured Romantic
19:58 swksvolFF
19:48 swksvolFF
19:20 Old Patriot
19:07 Pancho Poodle8452
19:02 Frank G
18:59 Pancho Polak8452
18:55 swksvolFF
18:51 Crusader
18:45 swksvolFF
18:36 Bobby
18:26 Frank G
18:10 alanc
18:07 swksvolFF
18:01 swksvolFF
17:50 JohnQC
17:42 Super Hose
17:38 Super Hose
17:36 Super Hose
17:33 JohnQC
17:32 Super Hose
17:31 Super Hose
Merry-Go-Blog










Paypal:
Google
Search WWW Search rantburg.com