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พระยม :verified: ㉝ /
npub103l…qau6
2024-12-15 19:03:38
in reply to nevent1q…shdt

พระยม :verified: ㉝ on Nostr: nprofile1q…qdfnj After that time, less than 5% of the population was subject to ...

nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpq4jarjtyhq898w2t520q7g4evc5q5p7ceptdmw07rex2rrrjcha7qhqdfnj (nprofile…dfnj)

After that time, less than 5% of the population was subject to income tax. It was designed to target high earners, leaving most Americans unaffected.

The tax rate started at 1% on taxable income and increased to a maximum of 7% for individuals earning over $500,000 (around $15 million today)

Great example for slipery slope when they say, "Hey, let's tax the rich"
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