Monday, May 29, 2006

Did You Know...

That number 2 on the Communist Manifesto, is: A heavy progressive or graduated income tax.

The current income tax code has been amended more than ten thousand times since the 1986 Tax Reform Act.

That the world's tenth and fifteenth largest economies already generate revenue by taxing consumption not wages?

That the income tax is less than 100 years old?

That withholding did not begin until 1943 and that Donald Duck was integral in getting the public to accept withholding?

That $500 billion a year is spent just to comply with the current code? That includes time and money spent by both individuals and businesses.

Oh. The tenth and fifteenth largest economies in the world? Texas and Florida.

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