April 6, 2023

Apr 06 2023 - When America needed NO income tax!

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Episode Transcript

Last Friday I took my receipts and my worksheets over to my CPA who will charge me about $500 to do my taxes. And because I’m a working man, I’m going to pay a lot more tax than the millions of lazy people who benefit from my work. Did you know that before 1913, there was no income tax? You might wonder how that can be! “We need income taxes to run the government.” Well, maybe not! Until 1913 Americans kept all their earnings! Despite there not being an income tax, America still had schools that were a lot better than they are now. We had colleges, we had roads, and bridges, and railroads, and subways. We had parks - and we had an effective military. In fact, we had everything we have today. But back then it was so much more effective because it wasn’t weighed down by self-serving politicians

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