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Revision as of 16:13, 27 July 2026


After all the festivities, laughter, and gift giving of the holidays, giggles and grins quickly meld into groans and glowers as Tax Preparation Season rears its ugly counternance. From January 15th until April 15th, Americans fuss and fume about our growing income taxes. Nevertheless, in an odd sort of way, some must enjoy the gloom since they will file for an extension, prolonging the agony of the inevitable.

During the great Depression and World War II, tips income tax rate rose again, reaching 91% within war; this top rate remained in force until '64.

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