Bitcoin Rapid-Fire cover image

Through the Orange Portal from Clown World to the Bitcoin Renaissance

Bitcoin Rapid-Fire

CHAPTER

Isn't That Crazy?

There was effectively no income taxes in the early 19 hundreds. The average amount of tax, if you air them all up, is like 50 % higr anyway,. And even i was looking at this, and you guys might be ale to correct me or be more specific? I think inflation adjusted income was like four million dollars a year on which the tax was applied. So, like, isn't that crazy? Like, you know, unless you ware making, so you make im four million bucks a year, and then you pay seven % tax. It's not going to be thus, like utopia where you don't pay taxes.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner