[48149] in Cypherpunks
Re: "Gentlemen do not read each other's mail"
daemon@ATHENA.MIT.EDU (Jon Lasser)
Fri Jan 26 11:01:20 1996
Date: Fri, 26 Jan 1996 10:42:45 -0500 (EST)
From: Jon Lasser <jlasser@rwd.goucher.edu>
To: Alan Horowitz <alanh@infi.net>
Cc: Jay Holovacs <holovacs@styx.ios.com>, hallam@w3.org, cypherpunks@toad.com
In-Reply-To: <Pine.SV4.3.91.960126021308.19760C-100000@larry.infi.net>
On Fri, 26 Jan 1996, Alan Horowitz wrote:
> The first was in a monograph which was putting forth the proposition that
> FDR ardently desired to become involved in the war. By the way, FDR was
> the man who made wage income, subject to federal taxation for the first
> time.
>
> I don't remember where I read the second.
>
> To me, both stories are plausible.
In fact, before FDR, wage income was taxed; however, it was one large
check at the end of the yeraar (or the beginning of the next, really).
The high cost of WW II made it a necessity for the gvm't to have more
money at a particular moment, and not wait for year-end.
I can't remember when the amendment constitutionalizing (is that a word)
the income tax was passed; however, the income tax (and wage income was
most certainly taxed) was AFAIK implemented by the end of the 19th century.
I might be wrong on dates here; the general principle still stands...
Jon Lasser
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