[T]o call me one [an Englishman] without those rights is like calling an ox a bull. He’s thankful for the honor, but he’d much rather have restored what’s rightfully his.
—- Benjamin Franklin, “1776”
Republican (fascist/socialist) President Coolidge signs the Revenue Act of 1927:
- Leaving the unlawful personal “income” tax unchanged; and
- Decreasing the tax on corporate profits from 13.5% to 12%.
[restored 4/18/2025]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Revenue Act of 1927 – Wikipedia
en.wikipedia.org/wiki/Revenue_Act_of_1927
Corporate Income Tax: Definition, History, Rate
www.thebalance.com/corporate-income-tax-definition-history-effective-rate-3306024
Current U.s. National Debt:
