At one time the federal tax rate was 1% and that was for people who made their money from investments, stocks, bonds, and the like. The average person who worked for an hourly wage wasn't touched. Why can't we go back to those days? That is your history lesson for the day.
Originally Posted by JD Barleycorn
Government has never been small. Ever. I don't know what days you're talking about. Is it the Headright program in the early colonies, where the government gave away land and the tools to work it just for coming over? Maybe it was the Homestead Act of 1862, when again, the government basically gave away land to those willing to work it. Or maybe it was the FHA, the GI BILL or the like in the last century. All were instances of government creating wealth, especially with the FHA, etc., where they essentially created the white middle class in this country. At one time the black man couldn't vote. Women either. You want to go back to those days? As for your history lesson, you're full of shit, per usual. When the personal tax rate was 1%, like it was from 1913-15, the 1% rate was for people making between $0-$20K. You can check it out in the link provided below. Unlike most of you, I provide factual evidence to back up shit.
Why can't we go back to those days? Because we don't have a time machine, dumbass.
http://taxfoundation.org/article/us-...usted-brackets