[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: "Gentlemen do not read each other's mail"
On Fri, 26 Jan 1996, Alan Horowitz wrote:
> The first was in a monograph which was putting forth the proposition that
> FDR ardently desired to become involved in the war. By the way, FDR was
> the man who made wage income, subject to federal taxation for the first
> time.
>
> I don't remember where I read the second.
>
> To me, both stories are plausible.
In fact, before FDR, wage income was taxed; however, it was one large
check at the end of the yeraar (or the beginning of the next, really).
The high cost of WW II made it a necessity for the gvm't to have more
money at a particular moment, and not wait for year-end.
I can't remember when the amendment constitutionalizing (is that a word)
the income tax was passed; however, the income tax (and wage income was
most certainly taxed) was AFAIK implemented by the end of the 19th century.
I might be wrong on dates here; the general principle still stands...
Jon Lasser
------------------------------------------------------------------------------
Jon Lasser <[email protected]> (410)494-3072
Visit my home page at http://www.goucher.edu/~jlasser/
You have a friend at the NSA: Big Brother is watching. Finger for PGP key.