Imagine a US with no income tax. Hard to imagine but it once was. How it started and why makes for a good read and might help one see the true "root cause" of our current political malaise.
This short posting takes you back to 1894 and the new Income Tax, intended to rectify the injustice of the regressive tariff/excise taxes originally authorized by the Constitution. Essential reading as it should help you see how "Monsters" are created with the best of intentions.
Friday, October 17, 2008
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