Debate about income tax rates ebbs and flows through the years, but has been especially heated during this presidential election year. Federal income taxes have been around since 1913, when the 16th Amendment to the Constitution gave Congress the right to levy such taxes. The first year, fewer than 360,000 returns were filed. Now, some 142.5 million returns are submitted annually. For those who don’t like to compute their own taxes, there are nearly 112,000 tax preparation offices around the nation. Of these, close to 87,000 are single person businesses. We spend nearly $7 billion a year to have our taxes prepared. You can find these and more facts about America from the U.S. Census Bureau, online at www.census.gov.
Discuss and more on today’s Open Lines!
Wasn’t the first “income tax” enacted by Lincoln to pay for the War of Northern Aggression?
C Jason Brown: Once upon a time, Brown was the highest paid center in the league. Then St. Louis found out that he was a bit “high maintenance,” and he got released after three years of the contract. He’s still talented, but he better get his act together.
Source: yahoo.com sports news nfl-offseason-winners-losers-
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At least his mama should be happy if he is home running their personal tax shelter, oops, ‘church’.