A Past Of Taxes - Part 1: Difference between revisions

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Revision as of 17:05, 27 September 2026

Tax, it isn't a dirty four letter word, however for many of united states its connotations are far worse than any curse. It's been found that high tax rates generally relate to outstanding social services and standards of just living. Developed countries, from where the tax rate exceeds 40%, usually have free health care, free education, systems to deal with the elderly and an advanced life expectancy than those with lower tax rates.

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I will break it down in 10-year chunks. From 1971 to 1980, it increased 414%, from 1981 to 1990, it increased 188%, from 1991 to 2000, transfer pricing we had an increase of 160%, and from 2001 to 2010 it increased 190%. Dollar figures for those periods are 72.9 billion to 262.1 billion for '71 to '80, 301.5 billion to 568.1 billion for '81 to '90, 596.5 billion to 951.5 billion for '91 to 2000, and 1,007.6 billion to 1,909.6 billion for 2001 to 2010.

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Motivating typical because one transfers overseas a middle with a tax year. That year's tax return would just be due in January following completion from the next full year abroad wedding and reception year of transfer.

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