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03/08/2012 11:07 PM
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03/08/2012 11:24 PM
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The Civil War income tax was the first tax paid on individual incomes by residents of the United States. It was a "progressive" tax in that it initially levied a tax of 3 percent on annual incomes over $600 but less than $10,000 and a tax of 5 percent on any income over $10,000. In 1864 the rates increased and the ceiling dropped so that incomes between $600 and $5,000 were taxed at 5 percent, with a 10 percent rate on the excess over $5,000. Passed as an emergency measure to finance the Union cause in the Civil War, the first income tax generated approximately $55 million in government revenues during the war. Paying the taxes was viewed as part of the patriotic war effort, and the whole country was proud when the merchant prince A. T. Stewart paid $400,000 in taxes on an income of $4 million. 1
03/08/2012 11:27 PM
Posts: 8852
03/08/2012 11:33 PM
rokhas1yummybumbum wrote: If everyone was dependent on the government why would we need money? Why would we need our own money if the government could do everything for us? I'm sure some people would seriously love that. Like the person that thinks you should just be able to build a house wherever you want even if you know a devastating storm strikes that area there every year and have your house rebuilt at no cost to you.
03/08/2012 11:44 PM
03/08/2012 11:54 PM
Ease Your Mind wrote:rokhas1yummybumbum wrote: If everyone was dependent on the government why would we need money? Why would we need our own money if the government could do everything for us? I'm sure some people would seriously love that. Like the person that thinks you should just be able to build a house wherever you want even if you know a devastating storm strikes that area there every year and have your house rebuilt at no cost to you. You're talking about me. And you're damn right I think you should be able to build a house where you want. We have serious issues, but this is still AMERICA. I never ONCE said "Oh, yeah... just keep building homes that are ripped apart by storms, on the government!! GIMME FREE STUFF!!!" You didn't even understand what I was saying anyway, so it doesn't matter. You're so ignorant. What was that you said the other day that applies to YOU? OH yeah.... #readingcomprehension.
Posts: 44747
03/09/2012 12:00 AM
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03/09/2012 12:03 AM
03/09/2012 12:04 AM
rokhas1yummybumbum wrote:Ease Your Mind wrote:rokhas1yummybumbum wrote: If everyone was dependent on the government why would we need money? Why would we need our own money if the government could do everything for us? I'm sure some people would seriously love that. Like the person that thinks you should just be able to build a house wherever you want even if you know a devastating storm strikes that area there every year and have your house rebuilt at no cost to you. You're talking about me. And you're damn right I think you should be able to build a house where you want. We have serious issues, but this is still AMERICA. I never ONCE said "Oh, yeah... just keep building homes that are ripped apart by storms, on the government!! GIMME FREE STUFF!!!" You didn't even understand what I was saying anyway, so it doesn't matter. You're so ignorant. What was that you said the other day that applies to YOU? OH yeah.... #readingcomprehension.It's that mentality, that you should be able to do things without consequence. Having your house being rebuilt at no cost to you when you choose to build in a bad area is irresponsible and foolish. That's the question I asked, you answered absolutely.
Posts: 54622
03/09/2012 12:08 AM
rokhas1yummybumbum wrote:We don't have to, though. It wasn't always like this. The income tax could go away tomorrow and America would still be okay. I only know what she's told me. She has better things to do than work. That's the most entitled thing I've ever heard someone here say. It's a huge slap in the face to everyone that gets up in the morning. I just found what she said extremely insulting. As for me and lots of other people, NOT working is boring after awhile, even if you hate your job. There's more satisfaction in earning your own paycheck then having money for nothing, in my opinion.
03/09/2012 12:10 AM
03/09/2012 12:13 AM
rokhas1yummybumbum wrote:Do they always ask for federal aid every time a storm hits? I don't think they do. Like I said, it's their own decision.
03/09/2012 12:16 AM
03/09/2012 12:20 AM
Ease Your Mind wrote:And, if anyone here feels that what I'm saying is foolish (though they haven't as of yet), I surely welcome them to say so. Because there are people here who could make me rethink something I've said if it was incorrect or ignorant. You are not one of those people. However, I think they can comprehend what I'm saying and even try to say sometimes.
03/09/2012 12:37 AM
rokhas1yummybumbum wrote:Yeah, the federalists fucked us over on that one. #Antifederalist Even though they did mean EVERYTHING that is not EXPLICITLY granted to the federal government should be done at the state and local level. People just ignore that now though. Anyhow. I didn't mean that politicians wanted to take all of our money so they could have more. I mean they want to take all of our money so we will be dependent on them. It seems to have worked for some people. (the 99'ers, unheard of until a few years ago.)
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03/09/2012 1:59 AM
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