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Tax season got you down? In this lively episode of A Smarter Way to Retire, host Tony Leonardi dives into the wild history of the federal income tax. Discover how a 3% Civil War “temporary” tax became permanent, why Al Capone was nabbed for tax evasion, and how top rates once hit a staggering 94%. Tony also reveals the hidden cost of tax prep—13 hours and $290 per person annually—and what it means for your retirement. Packed with quirky facts and practical tips, this episode will change how you plan for 2025 taxes. Tune in, subscribe, and start retiring smarter today!
Released: April 15, 2025 | Duration: 12 min 45 sec
Tax season got you down? In this lively episode of A Smarter Way to Retire, host Tony Leonardi dives into the wild history of the federal income tax. Discover how a 3% Civil War “temporary” tax became permanent, why Al Capone was nabbed for tax evasion, and how top rates once hit a staggering 94%. Tony also reveals the hidden cost of tax prep—13 hours and $290 per person annually—and what it means for your retirement. Packed with quirky facts and practical tips, this episode will change how you plan for 2025 taxes. Tune in, subscribe, and start retiring smarter today!
Released: April 15, 2025 | Duration: 12 min 45 sec