Friday, September 25, 2015

Government do take a bite, don't she?

Guest post from Oilcan
US Federal Income Tax Rate History: 

Beginning in 1913, after 16th Amendment . . .

Range in: 

  • 1913: 1% to 7% 
  • 1918: 6% to 77% 
  • 1925: 1.5% to 25% 
  • 1944: 23% to 94% 
  • 1965: 14% to 70% 
  • 1977: 0% to 70% 
  • 1982: 0% to 50% 
  • 1988: 15% to 28% 
  • 1991: 15% to 31% 
  • 1993: 15% to 39.6% 
  • 2003: 10% to 35% 
  • 2013: 10% to 39.6% 


Assessment? 

  • Woodrow Wilson - sucks 
  • Calvin Coolidge - great 
  • Herbert Hoover - bad 
  • Frank Roosevelt - bad 
  • John Kennedy/Lyndon Johnson - ok 
  • Ronald Reagan - awesome 
  • George HW Bush - disappointing 
  • Bill Clinton - bad 
  • George W Bush - good 
  • Barrack Obama - bad
"Republicans believe every day is the Fourth of July, but the democrats believe every day is April 15." ~Ronald Reagan

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