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Click On Picture To See Larger PictureThe fake news makes fools of themselves when they try to fact check Lee Zeldin. Job market is looking worse because of Biden. Since Trump has taken office inflation has dropped. Schumer makes move to shutdown government, wait for it. Trump makes a move to reverse the [CB] policies, he begins by removing income tax for those who make less that $150k. The [DS] criminal syndicate is being exposed every step of the way, the more judges that try to stop Trump shows the people who was really running the country, the people see the criminal syndicate. The more they do the worse it gets. The cleaning crew is activate, agencies are now cleaning it all out. It's just a matter of time.
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Economy
https://twitter.com/epaleezeldin/status/1900148992140345642
https://twitter.com/GlobalMktObserv/status/1899964805336703437
https://twitter.com/KobeissiLetter/status/1900163217822744835
https://twitter.com/EricLDaugh/status/1900192933829075199
https://twitter.com/WesleyHuntTX/status/1899940301898199188
https://twitter.com/elonmusk/status/1900179542771409389
https://twitter.com/KatiePavlich/status/1899940663799496967
https://twitter.com/MJTruthUltra/status/1899925243189170457
citizens —— “People are so use to paying taxes, it’s like we have Stockholm syndrome…” BAM
The 2023 CPS data shows the median household income was $74,580 in 2022. The distribution indicates that about 75% of households earned less than $125,000, and roughly 85% earned less than $150,000 (extrapolating from quintiles and income brackets). The top 10% of households start around $212,000 (per DQYDJ’s 2024 calculator), so 85-90% of households earn $150,000 or less.
Were the Rich Taxed First After 1913?
Yes, when the federal income tax was implemented in 1913 under the Revenue Act of 1913, it was designed to primarily tax the wealthy. Here’s why and how:
The Setup in 1913
Income Thresholds: The tax applied only to taxable income above a personal exemption of $3,000 for single individuals or $4,000 for married couples. In 1913, $3,000 was a significant amount—roughly equivalent to $86,600 in 2025 dollars (as calculated earlier). The average annual income for a worker was around $700-$800, so most Americans earned far below the taxable threshold.
Tax Rates:
A base rate of 1% was levied on taxable income above the exemption.
A progressive surtax kicked in for higher earners: 1% on income over $20,000 (about $577,000 in 2025 dollars) up to 6% on income over $500,000 (about $14.4 million in 2025 dollars).
Impact: Only about 1-2% of the U.S. population paid income tax in 1913, as the exemptions excluded the vast majority. Those who did pay were disproportionately the rich—business owners, professionals, and the industrial elite.
Why the Rich?
Political Intent: The 16th Amendment and the 1913 tax were championed by Progressive Era reformers who aimed to shift the tax burden from regressive tariffs (which hit the poor harder) to a direct tax on high incomes. The idea was to make the wealthy shoulder more of the federal revenue load.
Economic Context: The Gilded Age had created stark income inequality, with tycoons like Rockefeller and Carnegie amassing fortunes. The income tax was a response to calls for fairness and funding government without taxing consumption.
Early Evidence
In 1913, the top 1% of earners—those making above roughly $10,000-$20,000 annually (hundreds of thousands in today’s dollars)—bore the brunt. For example,