Pros & Cons
Apr 01, 2020
3 minutes
by Richard Brownell
The income tax is a frequently debated topic. Should we raise taxes? Or should we lower taxes? Only a small portion of the highest earners paid the federal income tax when it became law in 1913. In later years, the number of people paying income taxes grew. Tax rates also rose. As both the federal government and the nation’s population grew in size, more revenue was needed to fund public services. Supporters of taxes believe an income
You’re reading a preview, subscribe to read more.
Start your free 30 days