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America: Freedom to Fascism is a 2006 American film by filmmaker and activist Aaron Russo, covering a variety of subjects that Russo contends are detrimental to Americans.. Topics include the Internal Revenue Service (IRS), the income tax, Federal Reserve System, national ID cards (REAL ID Act), human-implanted RFID tags, Diebold electronic voting machines, [1] globalization, Big Brother ...
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Congress enacted an income tax in October 1913 as part of the Revenue Act of 1913, levying a 1% tax on net personal incomes above $3,000, with a 6% surtax on incomes above $500,000. By 1918, the top rate of the income tax was increased to 77% (on income over $1,000,000, equivalent of $16,717,815 in 2018 dollars [24]). The average rate for the ...
Overall, total taxes collected in 2023 made up 25.2% of US gross domestic product, or GDP. ... Income tax. Instead of a VAT, our federal government relies heavily on income taxes, which makes up ...
An Inconvenient Tax examines the Federal Income Tax and how Congress uses the complex tax code to achieve political goals that are unrelated to raising revenue. The result of 95 years of additions, subtractions, deductions, and exclusions, the 62,000 page tax code is so complex that many are voicing their desire to greatly simplify it or to even completely remove it.
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The Internal Revenue Service has collected $160 million in back taxes this year by cracking down on millionaires who haven’t paid what they owe, the agency said Friday.
IRS Direct File is a popular free program that offers guidance and support as you fill out your tax return and file your taxes directly with the IRS. And it may not be long for this world. On Feb ...