We think we have it bad when it comes to paying taxes…
After the depression the tax rate for married couples skyrocketed and at the end of World War II the tax assessed by the IRS was nearly all of your income*. There are lots of caveats to the 94% tax rate but even with these considerations the relative amount of tax is still a fair comparison to modern tax rates.
*See the link here at TruthandPolitics.org for full definitions.
How did this effect people?
Joe Louis emerged from being the heavyweight champion of the world deeply indebted to the IRS.
If you find yourself in a bind with the IRS where you’d like a tax attorney on your side I can help. For a confidential consultation call me today on 1-800-509-2770 or send me an email here.