The top tax rate has been as high as 94%.
The bottom tax rate has been as high as 22%.
FDR proposed a 100% top tax rate.
During these previous top tax rates, the U.S. was spending far less (and was in much less debt) than today.
Sure, we are now off the gold standard, but that simply allows for endless money printing.
Who is going to pay for all this spending? And when?
The who is easy – taxpayers.
When is not so easy to answer.
Historically, it has been increases in taxes that get forced on Americans.
Right now, we are still at generational low tax rates, even for high income earners.
The clock is ticking. Do you know your options under the current tax code?
You have less than three months to gain access.
Don’t get blindsided by the looming tax changes.
Click Here to learn more about your tax reducing options.
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Quote:
“There is no such thing as a good tax.”
– Winston Churchill