* The Declaration of Independence wasn’t signed on the 4th. It was voted in on July 2 (the day John Adams said we should commemorate the day), but most of those that signed it did so on August 2. * The major…
* Income Tax: 32% + 25% = 57% * Social Security Tax: 31.42% * Capital Gains Tax: 30% * Corporation Tax: 22% * National Sales Tax: 25% * No Property Tax * No Gift Tax * No Estate (Death) Tax
Look at This: Pace and timing are two critical components of comedy. If this were 15 seconds longer, it might not have worked, but it does... or did... for me.
Fighting the Civil War cost us a fortune. We ended up going into serious debt – equal to 100% of the country’s GDP at the time. Since there were relatively few taxes back then, Abraham Lincoln imposed the…