Search Engine
Why is it so hard to tax billionaires? (Part 1)
Molly Mitchell Moore
The Revenue Act of 1942 makes U.S. income tax into a mass tax rather than a class tax by lowering the threshold at which income first starts to be taxed. So the number of taxpayers, right, income taxpayers, goes from about, I want to say, 3.5 million Americans in 1939 to about 42 million Americans in 1945.
0
💬
0
Comments
Log in to comment.
There are no comments yet.