EPISODE · Apr 15, 2025 · 15 MIN
The Wild History of Federal Income Tax
from A Smarter Way To Retire with Tony Leonardi, CFP® · host Anthony Leonardi
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
What this episode covers
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
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The Wild History of Federal Income Tax
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