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The courts have rejected the OMB control number arguments, primarily on two grounds: (1) With respect to Form 1040 itself, Form 1040, U.S. Individual Income Tax Return, does contain the OMB control number, and has included the number for every tax year since 1981; [26] and (2) according to the court rulings (listed below), the absence of an OMB ...
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Tax return laws generally prohibit disclosure of any information gathered on a state tax return. [10] Likewise, the federal government may not (with certain exceptions) disclose tax return information without the filer's permission, [11] and each federal agency is also limited in how it can share such information with other federal agencies. [10]
The first individual income tax return Form 1040 under the 1913 [158] law was four pages long. In 1915, some Congressmen complained about the complexity of the form. [159] In 1921, Congress considered but did not enact replacement of the income tax with a national sales tax.
Despite this, individual income tax revenue only dropped from 8.7 to 8.5% of GDP over that time, and total federal revenue was 18.5% of GDP in both 1979 and 2007, above the postwar average of 18%. [114] Tax code changes have dropped millions of lower earning people from the federal income tax rolls in recent decades.
Texas also has a lower median household income compared to the national median. In Texas, the median household income between 2017 and 2021 was $67,321, and $74,580 nationwide in 2022.