By Richard Walrath

 

My dates may be off, but I think it was 1913 when the Federal Reserve was created by an act of Congress.  It took an amendment, the 16th, something like 20 years later to establish the income tax, which was intended to tax only the rich because they were the only ones with money.  Now they are still the only one with money, but they want special credit because they pay most of the taxes.

The Wall Street Urinal makes a big point — often — about how much of the tax burden is paid by the rich.  I don’t know anybody who won’t swap his income with someone who is rich and be happy to pay more taxes.  I will be first in line if I can get there.  If you know anybody who is rich who will swap his income so that he won’t pay so much in taxes, please notify me at once.

Call collect.