1. Progressive Income Tax
... Virginia never attempted to ratify. The first modern income tax soon followed, with a progressive structure, shown below, along with 1994 income equivalents (Paul 97-98, Witte 75, table- Waltman 29, www.olywa.net). Slocum 7 Tax Rate 1913 Dollars 1994 Dollars 1% $20,000-$50,000 $298,000-$746,000 2% $50,000-$75,000 $746,000-$1,119,000 3% $75,000-$100,000 $1,119 ... , including, John McCain, George W. Bush, and Bill Bradley have more conservative stances on the issue, but all agree that taxes need to be cut across the board (www.forbes2000.com, www.keyes2000.org, www.georgewbush.com, www.mc...
- Word Count: 2725
- Approx Pages: 11
- Has Bibliography
- Grade Level: High School