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Old 03-08-2015, 09:11 AM
 
Location: SW MO
23,605 posts, read 31,482,868 times
Reputation: 29071

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Not only is it now Daylight Savings Time and the near approach to St. Patrick's Day but also a day near and dear to the hearts of those who love or love to hate federal income taxes.

On this day in 1913 the Internal Revenue Service began collecting income tax for the first time. It only collected from those with annual incomes at or above $3,000 and those so favored constituted only 1% of the population.

WHOOPEE! Time to celebrate.
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Old 03-08-2015, 09:17 AM
 
Location: Los Angeles area
14,018 posts, read 17,737,509 times
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Thanks for the historical vignette, my friend. Very interesting. While nobody is overjoyed about paying taxes, there are those who think that income taxes are the most loathsome form of taxation, which I've never understood. Why are they more tyrannical than property taxes, sales taxes, and other forms of taxation?
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Old 03-08-2015, 10:00 AM
 
Location: SW MO
23,605 posts, read 31,482,868 times
Reputation: 29071
Quote:
Originally Posted by Escort Rider View Post
Thanks for the historical vignette, my friend. Very interesting. While nobody is overjoyed about paying taxes, there are those who think that income taxes are the most loathsome form of taxation, which I've never understood. Why are they more tyrannical than property taxes, sales taxes, and other forms of taxation?
It boggles the mind! But the good news is, now many more of us get to pay them.
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Old 03-08-2015, 10:06 AM
 
Location: Surf City, NC
364 posts, read 553,066 times
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Let's also not forget that Saturday is pi day. Pi is approximately 3.1415.
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Old 03-08-2015, 10:17 AM
 
Location: Near a river
16,042 posts, read 18,975,704 times
Reputation: 15649
Quote:
Originally Posted by Escort Rider View Post
Thanks for the historical vignette, my friend. Very interesting. While nobody is overjoyed about paying taxes, there are those who think that income taxes are the most loathsome form of taxation, which I've never understood. Why are they more tyrannical than property taxes, sales taxes, and other forms of taxation?
I'd rather pay income tax and sales tax than high property tax.

First day of spring: March 20. Would much rather celebrate that.

Beware the Ides of March.
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Old 03-08-2015, 10:29 AM
 
Location: Baltimore, MD
3,745 posts, read 4,217,509 times
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Quote:
Originally Posted by Johanna25 View Post
Let's also not forget that Saturday is pi day. Pi is approximately 3.1415.
Nice!
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Old 03-08-2015, 10:37 AM
 
Location: SW MO
23,605 posts, read 31,482,868 times
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Quote:
Originally Posted by Johanna25 View Post
Let's also not forget that Saturday is pi day. Pi is approximately 3.1415.
And by all means don't overlook the coming Friday the 13th.
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Old 03-08-2015, 10:47 AM
 
Location: Floyd Co, VA
3,415 posts, read 5,135,608 times
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Today also happens to be the 38th anniversary of the day I hired in to Sea-Land Service as a trainee in the parts dept @ 60% of journeyman wages. I went from making $600 a month in a clerical job to over $900 a month. I was supposed to be a trainee for two years but they found out that I COULD walk and chew gum at the same time and promoted me to journeyman after 6 months. That meant another huge raise but I continued to live very modestly until the day I got called up to the office of the garage manager. I had no idea what I had done but I figured I was in some kind of deep doo-doo. Nope. He'd had a call from accounting at corp. headquarters asking that I please cash my paychecks (no direct deposit back in those days) so they could close the books for 1977. I had 8 uncashed checks in my wallet.

I moved from a tiny upstairs apartment in a duplex to a nice little single family house.

When I started the job I thought I'd most likely stay for 3 or 4 years and wound up staying for nearly 28.

By 1983 I bought my first home which was still somewhat unusual for a single female.

I never regretted that higher wages meant more in income taxes, I still was doing very well.

"What a long, strange trip its been."
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Old 03-08-2015, 11:21 AM
 
381 posts, read 352,562 times
Reputation: 1984
I love Day Light Saving Time. Great! The birds will be returning.
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Old 03-08-2015, 02:00 PM
 
Location: Central IL
15,238 posts, read 8,527,906 times
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Quote:
Originally Posted by Lastfire View Post
I love Day Light Saving Time. Great! The birds will be returning.
I've been hearing "chirpy birds" for a couple weeks now - so much better than those annoying crows!
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