No Taxes~A Look Back

Surprisingly enough, there was at one time a era in this country when income tax was non-existent. After it was signed into law, it was a simple form to fill out. Now the tax code is huge. Thought you might enjoy a look back in tax history. If you click on the link below, you can view a copy of the first tax form.

Imagine a world with income tax; if you were an American citizen before 1913, with a few exceptions you didn’t have to deal with an April deadline and the IRS. Today, no one really knows how big the tax code is.

February 3 was the 100th anniversary of the ratification of the 16th Amendment in 1913. Its champion was President William Howard Taft, and its ratification was an effort to make sure more higher-income people paid taxes, and that the government wasn’t wholly dependent on tariffs and taxes on goods. Learn more.

Donna

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Posted on October 29, 2014, in Research. Bookmark the permalink. Comments Off on No Taxes~A Look Back.

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