Tax time is here and the fine folks at TurboTax have created a neat little infographic showing the history of income taxes in the United States. I’m sure you’ll learn a few new things as you study the infographic. The main take away seems to be, it’s all Lincoln’s fault.
Did you know President Abraham Lincoln, one of America’s most beloved leaders, also instituted one of its least liked obligations – the income tax?
Love it or hate it, income taxes are here to stay. And if you make money online (or anywhere else for that matter), Uncle Sam will want his cut. The main advantage to making money online is I can do it from anywhere in the world, so if I feel my tax rates are getting too high, I can move to some nice tax-free zone and work from there. 😛