The History of the Income Tax

History of the Income Tax The federal progressive income tax has been an issue that has been argued on the floors of Congress, in front of the United States Supreme Court, in front of television cameras, and around the dinner table. The tax served its purpose in supplementing revenue during the Civil War and World War I, but continued taking from Americans’ income in peacetime, allowing fewer dollars to be spent on goods and services. …showed first 75 words of 2734 total…

…showed last 75 words of 2734 total…The Income Tax: History, Theory, and Practice of Income Taxation. New York: The Macmillan Co., 1914. Smiley, Gene and Richard H. Keehn. “Federal Personal Income Tax Policy in the 1920s.” Journal of Economic History. 55 (1995): 285-303. The Steve Forbes National Online Headquarters. 13 Dec. 1999. 14 Dec. 1999. . Waltman, Jerold L. Political Origins of the U.S. Income Tax. Jackson, MS: Mississippi UP, 1985. Witte, John F. The Politics and Development of the Federal Income Tax. Madison, WS: Wisconsin UP, 1985. Word Count: 2726