To the Editor:

In response to “Beware of Asset Tax” (6/3), writer Lou McElwain asserts that “the federal income tax was first passed by President Wilson in 1913, and the range was from 1% to a maximum of 6%. The highest federal income tax rate was 70% before President Reagan dropped it to 50% in the 1980s.”

Since writer McElwain has presented a false premise masquerading as truth, the following is the actual U.S.

June 10, 2026