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1913 wasn't a very good year. 1913 gave us the income tax, the 16th amendment and the irs.
-Ron Paul
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1913 Wasn't A Very Good Year. 1913

Ron Paul
1913 wasn't a very good year. 1913 gave us the income tax, the 16th amendment and the irs.
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Good Years Income Irs

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If you look at the performance of the zero-income-tax-rate states and the highest-income-tax-rate states, i believe a large amount of their difference is due to taxes. not only is it true of the last decade, but i took these numbers back 50 years. and, there's not one year in the last 50 where the zero-income-tax-rate states have not outperformed the highest-income-tax-rate states.
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Let's take the nine states that have no income tax and compare them with the nine states with the highest income tax rates in the nation. if you look at the economic metrics over the last decade for both groups, the zero-income-tax-rate states outperform the highest-income-tax-rate states by a fairly sizable amount.
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The irs says it's been getting death threats since the health care bill passed because the irs is going to be the ones in charge of implementing it. they say the threats people are making to the irs are so bad, that they are actually hindering the irs's ability to threaten people.
People Irs Care
In 2013 citigroup had profits of $6.4 billion in the united states. they paid no federal income tax and, in fact, received a rebate from the irs of $260 million. that same year j.p. morgan had $17.2 billion in profits in the u.s. they also paid no federal income tax. do you think it's time for tax reform?
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Regarding the economy & taxation: america's most successful achievers do pay a higher share of the total tax burden. the top one percent income earners paid 18 percent of the total tax burden in 1981, and paid 25 percent in 1991. the bottom 50 percent of income earners paid only 8 percent of the total tax burden, and paid only 5 percent in 1991. history shows that tax cuts have always resulted in improved economic growth producing more tax revenue in the treasury.
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It is easier to start taxes than to stop them. a tax an inch long can easily become a yard long. that has been the history of the income tax. would not the sales tax be likely to have a similar history [in the u.s.]? ... canadian newspapers report that an increase in the sales tax threatens to drive the mackenzie king administration out of office. canada began with a sales tax of 2%.... starting this month the tax is 6%. the burden, in other words, has already been increased 200% ... what the u.s. needs is not new taxes, is not more taxes, but fewer and lower taxes.
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