James T. Hodgkinson, the Belleville man accused of shooting at congressmen and aides during practice for a congressional baseball game Wednesday, wrote a number of questions to Belleville News-Democrat’s Answer Man Roger Schlueter. Hodgkinson went by several names including James Thomas Hodgkinson, Thomas Hodgkinson, Tom Hodgkinson and Jim Hodgkinson.
The following are Hodgkinson’s questions:
Q: In 1938, the U.S. tax code had 33 different tax brackets ranging from 4 percent from those earning up to $4,000 up to 79 percent for those earning $5 million or more. I’m trying to design a fair 9-bracket system that would bring in the same amount of revenue the Internal Revenue Service does now. Can you tell me what the 1938 dollar amounts would translate to now? How much income tax does the IRS collect? What would it bring in with the 1938 brackets?
Tom Hodgkinson, of Belleville
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