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To: Man50D

Not bad.
http://www.irs.gov/pub/irs-utl/1913.pdf


5 posted on 04/15/2008 5:10:20 PM PDT by BGHater (It's easy to be brave from a distance.)
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To: BGHater
1: The number of pages of instruction for the first 1040 tax form in 1913. Today, the form itself is one page shorter - but comes with 92 pages of instruction. $3,000: The income threshold for filing taxes in 1913 (that's $65,000 in today's dollars, adjusted for inflation). The top tax rate was 7 percent and applied only to those who made more than $500,000 a year (almost $11 million in today's inflation-adjusted dollars). 358,000: The number of returns filed in 1913 out of a population of 97 million. In 2006, a total of 135 million returns were filed out of a population of 300 million. Nice article: http://www.zanesvilletimesrecorder.com/apps/pbcs.dll/article?AID=/20080322/OPINION/803220330
6 posted on 04/15/2008 5:15:32 PM PDT by BGHater (It's easy to be brave from a distance.)
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To: BGHater
Not bad.

You can see how much the income tax has grown over 95 years. The Fair Tax form will be zero pages since the tax will be collected at the point of sale.
7 posted on 04/15/2008 5:15:57 PM PDT by Man50D (Fair Tax, you earn it, you keep it!)
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