by: the Common Constitutionalist
Yesterday I wrote an article explaining at least one of reasons why Americans aren’t rioting over the size of the national debt and yearly budget deficit – how Washington is taxing and spending us into oblivion and yet we just don’t seem to care.
Sure, when a pollster calls, we tell him or her it is one of our top priorities, when in the real world; it must not bother most of us as much as we claim. I explained that this odd juxtaposition is due almost entirely to income tax withholding – that we don’t miss what we never receive. It’s aptly called reduced taxpayer awareness.
As we all know the income tax is the fault of both President Taft and President Wilson, with the passage and enactment of the Sixteenth Amendment in 1913. This merely allowed the government to collect income taxes. But the story neither starts, nor ends their.
Wartime has always afforded the government the optimal opportunity to introduce additional taxes. The introduction of the “Wartime” income tax actually began during the Civil War. It was adopted in 1862, although the idea gained traction during the war of 1812. This “Wartime” income tax was the first graduated (progressive) tax, with higher rates for higher incomes. read more