Income Tax

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Economic Summaries

Federal Income Tax Inflation Chart

Here is a table showing how the U.S. Federal Income Tax gave us inflation.

The US had ZERO inflation for 137 years. Then in 1913, the federal income tax was created. Since that year, our money has become increasingly devalued at an alarming rate.

Why do we allow the redistribution of wealth by government fiat? Because it is the people with money who make the laws, and like to take our money, and fund their own interests. The REAL cause of inflation is the federal income tax, and the mortgaging of our future, through uncontrolled deficit spending.

Federal Income Tax Table Rate vs. Inflation Over Time

1.9
1.9
0.7
1.8

10-Year Multiplier

YEAR
Cost of
HOUSE
Cost of
Loaf of
BREAD
VALUE
of $1
Fed. & State
Income Tax Rate %
Time Span
1776
$1,000
$0.01
1.00
ZERO
-
1913
$1,000
$0.01
1.00
ZERO

137 years of no change
First year of income tax

1923
$1,900
$0.02
0.70
0.5%
10 years
1933
$3,610
$0.04
0.49
0.9%
10 years
1943
$6,859
$0.07
0.34
1.6%
10 years
1953
$13,032
$0.13
0.24
2.9%
10 years
1963
$24,761
$0.25
0.17
5.2%
10 years
1973
$47,046
$0.47
12¢
9.4%
10 years
1983
$89,387
$0.89
17.0%
10 years
1993
$169,836
$1.70
30.6%
10 years
2003
$322,688
$3.23
55.1%*
10 years

2005

$400,000
$3.50
58.0%
2 years
2013
$613,107
$6.13
100 % ?
10 years

.



The
U.S. Federal Income Tax Rate has consistently increased 80% every 10 years.

*Federal Income Tax Rate 22% + FICA 7% + State Income Tax 7% + Medicare 1%

If one includes Sales Taxes, Property Taxes, Gas Taxes, Excise Taxes,
DMV Taxes, Death Tax, etc. That must be at least another 10%!
Arnold Schwartzenneger is right - we are being taxed from morning to night,
from birth until death.

.

Questions:

1. Will the deficit ever go away ?

No way !

Will increase

2. Will the government reduce spending ?

No way !

Will increase

3. Will a ceiling be placed on the income tax ?

No way !

Will increase

4. Will real estate begin to trend downward ?

No way !

Will increase

5. What year will you get your last paycheck ?

2010 ?

.

What do you think will happen? A sudden leveling-off? ...or,
Will the federal income tax ultimately result in a 2-class system, owners and workers ?
Do you currently enjoy working 4 1/2 months of every year for someone else?
How do you feel, moving toward slavery? Yowsa. It jes ain't rite!

People are sheep, my friend. Uninformed, manipulated, robbed and unresponsive. Sheep.
It's obviously better for eunuch lawyers to send all our money to the Middle East.

Alan Greenspan has already hinted at a coming U.S. financial system collapse.
We won't have to wait for 2012. It will happen before then.

Tax time again. Where's the justice?

Disclaimer: I copied these facts and thoughts, from a tax seminar I attended.
What do you think?

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This Vaughns 1-Pagers Federal Income Tax Table Inflation chart web page was updated on 2007-02-01.