A Good Reputation Taxes - Part 1: Difference between revisions

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Revision as of 02:24, 3 September 2026


Invincible? Alphonse Gabriel Capone, notoriously known as "Scarface," ruled the streets of Chicago for over a decade (1919 - 1930) During these years, Capone rose to power through any means necessary, including but was not limited to: bootlegging, gambling, prostitution, assault, theft, arson, and murder. When Elliot Ness brought down Capone in 1930, the authorities did do not have enough evidence to charge him with any of the above incidents. However, it is no surprise that the most famous Gagster in American History was arrested and jailed solely for income tax evasion.

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During the cost Depression and World War II, the top income tax rate rose again, reaching 91% throughout the war; this top rate remained as a result until '64.

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