Cart

Your Cart is Empty

Back To Shop

Interesting History Of Income Tax

$19.99

“The only things certain are death and taxes” – Benjamin Franklin. Yet few know America’s interesting history of Income Tax, such as: *1787-U.S. Constitution prohibited a “direct” Federal tax *1862-“Revenue Tax” on incomes went into effect to finance the Union during the Civil War *1895-Supreme Court made Income Tax unconstitutional *Woodrow Wilson thought tariffs on imports caused wars, so he worked to replace them with an Income Tax. *1913-Income Tax was only a 1% tax on the top 1% richest people in America. *1943-Paycheck Withholding began as an emergency effort to get funds to finance WWII. John F. Kennedy-“Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased flow of revenues to the Federal Government.” (Annual Budget Message, January 17, 1963) Thomas Jefferson-“It is an encouragement to proceed as we have begun in substituting economy for taxation” (2nd Annual Message, 1802)

in stock within 3-5 days of online purchase

SKU (ISBN): 9780975345504
ISBN10: 0975345508
William Federer
Binding: Trade Paper
Published: April 2004
Publisher: Amerisearch, Inc.

Print On Demand Product

Reviews

There are no reviews yet.

Be the first to review “Interesting History Of Income Tax”

Your email address will not be published. Required fields are marked *

SKU: 9780975345504 Categories: , , , Tags: , ,

Cart

Your Cart is Empty

Back To Shop