WWG1WGA
on April 1, 2023
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WaldoJPeabody
@wwg1wga Gentle Friend, a couple of points. The double eagle was not pure gold, An ounce of gold would have been a double eagle and an eagle, $30.00.
  • April 1, 2023
    WaldoJPeabody
    @wwg1wga Second point, $30.00 was also about a month's wages for semi-skilled labor. Final point, one was not subject to the Income Tax until one's income exceeded $10,000 a year. Now, everybody makes $10,000 a year and is subject to the Income Tax.
  • April 1, 2023