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While instituting the largest tariff increase in modern history, Trump claimed that the income tax was passed for “reasons ...
Notable progressive proposals like the wealth tax and a payroll tax weren't a part of that plan. Did the progressive wing lose out to big business? And what does a hacked crosswalk button have to ...
As Americans file their taxes this tax season, the Trump administration threatens to unravel the modern fiscal state.
The U.S. first implemented a progressive income tax system in 1862 to fund the Civil War, but the modern framework took shape with the 16th Amendment in 1913. The amendment gave the federal ...
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Trump Ramps Up Harvard Civil War With Threat to Scrap Tax Break“Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!” Harvard is the first major college to stand up to Trump’s demands, triggering a war between two ...
This was not the first income tax effort, however. For a few short years during and after the Civil War, the United States imposed its first tax on income to help fund the massive costs of the war.
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