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Sun Feb 3, 2013, 11:10 AM

Happy 100th birthday Income Tax!

http://en.wikipedia.org/wiki/16th_Amendment_to_the_United_States_Constitution

With Delaware's ratification on February 3, 1913, one of the Progressive Movement's signal goals was accomplished, and an income tax was established to undo some of the excessive inequality of the so-called "Gilded Age".

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Reply Happy 100th birthday Income Tax! (Original post)
Recursion Feb 2013 OP
NYC_SKP Feb 2013 #1
Recursion Feb 2013 #3
hfojvt Feb 2013 #6
libtodeath Feb 2013 #7
Recursion Feb 2013 #2
former9thward Feb 2013 #4
Revanchist Feb 2013 #5
libtodeath Feb 2013 #8
Revanchist Feb 2013 #9
pampango Feb 2013 #10

Response to Recursion (Original post)

Sun Feb 3, 2013, 11:15 AM

1. Too bad that the original intent has been subverted to actually steal from the middle class.

We need to tax wealth, not income.

And, where we tax income, we have to do so far more progressively.

Hand's off the middle class!

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Response to NYC_SKP (Reply #1)

Sun Feb 3, 2013, 11:17 AM

3. We're currently in Gilded Age 2.0

Maybe we can get a wealth tax this time now that the pendulum is starting to swing our way again.

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Response to NYC_SKP (Reply #1)

Sun Feb 3, 2013, 12:12 PM

6. and by middle class

you mean UPPER middle class.

Who gives a crap about the bottom half anyway?

http://www.nationaljournal.com/politics/for-obama-and-romney-middle-class-means-pretty-much-everyone-20121018

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Response to NYC_SKP (Reply #1)

Sun Feb 3, 2013, 12:29 PM

7. x1000

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Response to Recursion (Original post)


Response to Recursion (Original post)

Sun Feb 3, 2013, 11:22 AM

4. The Constitutional amendment may be 100 but the income tax has been around a lot longer.

Congress created the income tax to finance the Civil War in 1862. The Confederate states also had an income tax.

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Response to Recursion (Original post)

Sun Feb 3, 2013, 12:01 PM

5. That's a nice round number.

Now can we scrap it and write a new one that's under 20,000 pages in length?

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Response to Revanchist (Reply #5)

Sun Feb 3, 2013, 12:30 PM

8. Enligten us as to what you prefer please.

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Response to libtodeath (Reply #8)

Sun Feb 3, 2013, 06:26 PM

9. Sorry, wasn't home

I'm not an economist, but I think a true progressive tax code with some exemptions for the poor and middle class, and none of the current corporate welfare and perks for the 1% like upper limits on medicare and SS would be a great start. It's too easy to hid shady backroom deals in the 20,000 page monstrosity we currently have.

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Response to Recursion (Original post)

Sun Feb 3, 2013, 10:08 PM

10. Progressives hated excises taxes and tariffs as regressive and pushed for the income tax

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