02-14-2010, 06:33 PM
Fantastic trivia of the day
Politicians really are all the same:
Throughout his first term, President Franklin Roosevelt paid taxes at the rates in effect when he took office, even as statutory tax rates increased.
His position was that paying tax at a rate higher than that in effect at his inauguration reduced his salary, which violated the Constitutional provision that states that the president's compensation "shall be neither increased nor diminished during the period for which he shall have been elected."
Labels: Burning our money, Random observations
// posted by Mr Eugenides on 28.1.10 1 comments
Politicians really are all the same:
Throughout his first term, President Franklin Roosevelt paid taxes at the rates in effect when he took office, even as statutory tax rates increased.
His position was that paying tax at a rate higher than that in effect at his inauguration reduced his salary, which violated the Constitutional provision that states that the president's compensation "shall be neither increased nor diminished during the period for which he shall have been elected."
Labels: Burning our money, Random observations
// posted by Mr Eugenides on 28.1.10 1 comments