Thursday, April 16, 2015
On the Fact that a) as Late as 1940 Only 3% of American Families Were Paying Income Tax and b) by 1945 Pretty Much Every Family Was Forking Over Dough Through Withholding, Etc.
Yeah, war has a tendency to bleed dry pretty much everybody and so much for the progressives being champions of the middle-class....................................................................................................P.S. And, no, this is not to imply that the middle-class wasn't getting ripped-off prior to 1940. They were. It was simply in the form of excise taxes (a staple of FDR's Washington machine).
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