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A History Of Taxes - Part 1: Difference between revisions

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Revision as of 09:48, 16 May 2026

The old adage is crime doesn't pay, but one certainly can wonder sometimes about the accuracy of it given quantity of of politicians that find a way to be criminals! Regardless, the fact you are making money from an offense doesn't mean you do not to pay taxes. That's right. The IRS wants its unfair share of the ill gotten gains!

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In 2003 the JGTRRA, or Jobs and Growth Tax Relief Reconciliation Act, was passed, expanding the 10% tax bracket and accelerating some among the changes passed in the 2001 EGTRRA.