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Revision as of 05:48, 10 September 2026
Tax, it isn't a dirty four letter word, however for many of us its connotations are far worse than any problem. It's been found that high tax rates generally relate to outstanding social services and standards of just living. Developed countries, whereas the tax rate exceeds 40%, usually have free health care, free education, systems to nurture the elderly and a more expensive life expectancy than together with lower tax rates. The federal income tax statutes echos the language of the 16th amendment in proclaiming that it reaches "all income from whatever source derived," (26 USC s.
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