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Economics Summaries
U.S. Income Tax

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 136 years. Then in 1913, the federal income tax was created. Since that year, our money has become increasingly devalued at an alarming rate. The Federal Reserve was also created in 1913. 1913 is THE year that everything changed for the worse, for the U.S. citizen. We have been getting screwed ever since.

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 U.S. Deficit spending.
.

-

400 - 600

200


.
Federal Income Tax Table
Tax Rate vs. Inflation
Over Time

1.9
1.9
0.7
1.6

10-Year Multiplier

YEAR
Average
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
136 years of
ZERO Inflation

1912

$1,000
$0.01
1.00
ZERO
1913
$1,000
$0.01
1.00
0.5 %
1st year of income tax
1923
$1,900
$0.02
0.70
0.8 %
10 years
1933
$3,610
$0.04
0.49
1.3 %
10 years
1943
$6,859
$0.07
0.34
2.0 %
10 years
1953
$13,032
$0.13
0.24
3.3 %
10 years
1963
$24,761
$0.25
0.17
5.2 %
10 years
1973
$47,046
$0.47
12¢
8.4 %
10 years
1983
$89,387
$0.89
13.4 %
10 years
1993
$169,836
$1.70
21.5 %
10 years
2003
$322,688
$3.23
34.4 %
10 years

2008

$400,000
$4.50
3.5¢
40.0 %*
5 years
2014
$613,107
$6.13
55.0 % ?
6 years

*Federal Income Tax Rate 23% + FICA 7% + State Income Tax 8% + Medicare 1%

80

100

80

80

80

170 - 600

.
Notes to the Federal Income
Tax Table Chart Above


The U.S. Federal Income Tax Rate has consistently increased 60% every 10 years.

If one includes Sales Taxes, Property Taxes, Gas Taxes, Excise Taxes, DMV Taxes, Death Taxes, etc., then that must be at least another 10%!
DOUBLE TAXATION in each case!
Arnold Schwartzenneger was right about one thing -
- "We are being taxed from morning to night, from birth until death."

-

.

.
Questions:

1. Will the total U.S. 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 ?

2008 Whoops!

Collapse
Imminent?

5. What year will you get your last paycheck ?

2018?

.

.
What do you think will happen? A sudden miracle of leveling-off? ... or,
Will the federal income tax ultimately result in a 2-class system, owners and workers?
Do you currently enjoy working 4.8 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.
.

.
Alan Greenspan and David Walker (ex U.S Comptroller General) have already hinted at the fast approaching U.S. financial system collapse -
- Real estate is leading the way - consider the 2008 meltdown.
- Europe is falling apart - they bought tons Goldman-Sachs garbage.
- Eternal war and continued deficit spending will cement the deal.

We won't have to wait for 2018. It will happen before then. Buy gold now.
.

.
Where's the justice? Not in this lifetime.
Milk the middle class, until the whole system collapses. Great strategy.
ALL congressmen are rich, and don't give a damn about you, or the country.
They only care about -
- lining their own pockets through special interests,
- U.S. Manifest Destiny,
- Might makes Right, and
- killing all those who disagree with us, at any cost.

After all, according to the theory of Manifest Destiny, God chose us to prevail, right? We can do no wrong. Killing anyone on earth, at any time, with no oversight using robot planes is just fine, right? Blowing away dozens, just to get one guy? Whoops, he wasn't in the group - bad intel. I believe we are in for some very big surprises, very soon. Not the least of which will be the complete destruction of our entire economy, and extreme devaluation of our currency.
.

220 - 550

80

80

160



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Vaughn's Other
INCOME TAX Related Pages

* Income Tax Inflation

*
State Taxes Summary

*
TurboTax Review

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Disclaimer: I copied these facts and thoughts, from a tax seminar I attended, and then updated and modified them. The premise was that any U.S. citizen could become a sovereign entity, not subject to U.S. tax law. I wonder how that went.
What do you think? Am I a lunatic prophet of doom? We will know before the end of 2016.

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This Vaughns Federal Income Tax Table Inflation
chart was last updated on 2017-10-27.