Re:Tech companies are colluding to cheat H1B visa lottery, U...
by s1artibartfast on Friday April 28, 2023 @11:46AM
(#35742765)
A century largely without government provided social benefits and with minimal taxation.
The local, state, and federal tax in 1910 was $380 per capita (adjusted for inflation!) compared to >$20,000 per capita today.
Government revenue has increased from 7% of 500B in 1910, to 35% of 20 trillion in 2020 in inflation adjusted dollars. This means that real, inflation adjusted taxes have increased ~200X.
The local, state, and federal tax in 1910 was $380 per capita (adjusted for inflation!) compared to >$20,000 per capita today.
Government revenue has increased from 7% of 500B in 1910, to 35% of 20 trillion in 2020 in inflation adjusted dollars. This means that real, inflation adjusted taxes have increased ~200X.