[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.