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Economy

(13,806 posts)

1. There is skepticism by some based on the history of the income tax

Sun Oct 27, 2024, 11:36 PM

Oct 27

When the Federal income tax was initiated in 1913, it only applied to incomes above $3000, which at the time affected only 3% of the population.

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Kamala Harris' Plan to Tax Unrealized Gains, Explained - Robert Reich [View all] Rhiannon12866 Oct 27 OP

There is skepticism by some based on the history of the income tax MichMan Oct 27 #1

Thanks for the history! Rhiannon12866 Oct 27 #2

it will affect those of us lapfog_1 Oct 28 #3

Thanks so much for your analysis and explanation Rhiannon12866 Oct 28 #4