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Old 08-30-2015, 06:46 PM  
Sunny Day
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1st U S Income Tax

Actually Lincoln, during the Civil War instituted the 1st U S Income Tax to finance the war.

Consumption taxes have gotten crazy with some state sales taxes nearing 10%. If the feds started one it could well be over 25%.

I had a friend in England who thought the VAT Tax was the worst thing ever.

https://en.wikipedia.org/wiki/Revenue_Act_of_1861

I love the current system. I get half of the real estate taxes back on my house each year just because I'm physically disabled.
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