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100 Years of the Income Tax Taxes today in 2013 vs Tax Rates in 1913 |
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February 11, 2013 This table is making the rounds on Facebook (FB Charts and stock quote). The table shows a comparison of tax brackets, rates revenue, etc. between 1913 and 2013, 100 years after the 16th Amendment established taxes. The Sixteenth Amendment to the United States Constitution was ratified on February 3, 1913. It states: "The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration." |
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