Archive for May, 2016
How long is the U.S. Tax code?
Posted by afarianc in My Opinion on May 31, 2016
So you’re wondering how long the U.S. Tax code is? Check the chart below. It’s a whopping 74,608. It was about 500 pages in 1940!
2 real tax cuts spurred the US economy:
Kenedy tax cuts — 1960’s
Reagan tax cuts — 1980’s
Kenedy and Reagan both realized that the high tax rates made people work less, or at least less enthusiastically. Also they raised other taxes like Social Security, and people didn’t get discouraged.