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Federal income tax was supposed to be temporary for WWII, we see how that worked out.
by newZWhoDis 3y ago
Federal income tax was supposed to be temporary for WWII, we see how that worked out.
- rsync 3y agoFederal income tax, while extant in some ways prior, was broadly established in 1913 with the 16th amendment[1]. Other than very high war profiteering tax rates imposed during WWII - which were not only refundable but also removed over time - there is almost no connection at all between WWII and the broad concept of federal income tax. [1] https://en.wikipedia.org/wiki/Sixteenth_Amendment_to_the_United_States_Constitution https://en.wikipedia.org/wiki/Sixteenth_Amendment_to_the_Uni...