[Infographic] A Brief History of Income Taxes

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. 😛

7 thoughts on “[Infographic] A Brief History of Income Taxes”

  1. Chahal says:

    “Don’t tax me, tax the guy behind the tree…” has been and will always be the tax code. Too much money at stake to do otherwise. Our federal tax system has long created the moral hazard of deciding winners and losers. Time to press the reset button and start over.

  2. fas says:

    Wow, that is some detailed info-graphic.

  3. What the hell? 94% tax rate under Truman? Scary!

  4. Thanan says:

    Thanks for great post. I think many blogger get this knowledge.

  5. Love that infographics!

  6. Mark Randall says:

    This was interesting post seeing as how much the income tax has changed! As the years pass, it seems to become more and more complex so it’s important to receive IRS tax help if you’re enduring any difficulties.

    1. Mark Randall says:

      For help follow this link:
      <a href= “http://guardiantaxresolutions.com/”>IRS Tax Help</a>

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