A hundred years ago no one ever heard of "sales tax" and no one paid income taxes. 50 years ago sales tax RATES where usually 1% or less. The innerstate highway system was bought and paid for with 2 cent per gallon gas tax or 7% of the cost of a gallon of gas. Today the tax rate is over 15% and they can't even keep the pot holes filled in.
The fact we have more dollars means that 1% is a lot more dollars today then it was 50 years ago, but it isn't enough - sales tax rates are now 6% to 10%. In the 1950s SS taxes weren't even paid by the "working poor" since they didn't kick in on the first $1000 and the maximum rate was 4% on the next $4800. Now the tax rate is 4 times higher on all wages under 100,000 and the system is still going broke.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
... [Read Article]
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