Show of Hands

DerekWills December 7th, 2015 2:24pm

To fund the Civil War the Revenue Acts of 1861 and 1862 were the first income tax laws, the latter of which levied 3-5% tax and expired in 1866. In 1895, the first peacetime income tax of 2% was found unconstitutional. Are you okay with 10-39.6%?