[robotrout]

The original income tax was also promised to be only a tax on the rich. These things have a way of finding the non-rich eventually.

Also, remember in 1970, the bank secrecy act put in place a $10,000 threshold for deposits or withdrawals, that were not reported on a "suspicious activities" list. This is also where we got the $10,000 travel disclosure rule. You will note that in 50 years, that threshold has not budged, putting non-wealthy people and transactions under the microscope. These laws are not adjusted for inflation, and we all expect there to continue to be inflation at the current or even an accelerated rate.

[sharemywin]

Most tax brackets are adjusted every couple of years for the average person. doubt it's becomes an issue for tax brackets.