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Registered
Join Date: Jul 2001
Location: Cave Creek, AZ USA
Posts: 44,730
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And wasn't the initial income tax only on those who made $1 million or more? That was real money in those days. Basically, the 16th Amendment was then what the AMT was when it first started - an attempt to make sure the super duper rich "paid their fair share". Look at what both have become.
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