This Tax Week, Remember That the Federal Income Tax Is Relatively New

Another Tax Day has come and gone, and most Americans believe they pay too much. One recent poll revealed that 56 percent say they pay more than their fair share. Unfortunately, I fear this is just the beginning considering the insane level of debt Washington policymakers have accumulated over the years. With this in mind, here are some important facts about our tax system that you might not know. The payroll tax is the heaviest burden for most taxpaying Americans, but the income tax is more visible and painful to...