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Word Count: 898
There was not many things that the American people agreed on Taxes had always been a sensitive subject in American politics The whole American Revolution was based on the taxation issue When the personal income tax was instituted Americans did not feel that the government needed to be paid by the American people The personal income tax had a very interesting history and a very unique future would follow What was the income tax What did the tax pay for What did taxes do for AmericaThe personal income tax got its beginnings during the Civil War But until 1913 most Americans did not pay taxes The Union government passed a tax to help finance the Civil War in 1861 Congress passed a similar law in 1894 but it was declared unconstitutional because any tax that was collected directly from citizens had to be proportionate to the states population In 1909 Congress passed a law that provided for a corporate income tax History 1 The back of the personal income was Oscar W Underwood Chairman of the Ways Means Committee To Cut 1 In February 1913 The Underwood Tariff Act was passed The tax originally called only for people with an income of 4000 or more to be taxed To Cut 3 The working class finally felt that justice had been done The rich finally had to pay their share to keep America up and running NascentAs with many laws the strength of the Democratic Party hung in the balance The President himself had provided his backing for the tax The Democratic Party along with the President was prepared to stand or fall by this act The bill made quite a statement in American politics The bill makes radical reductions seeks to eliminate alleged monopoly features in the existing tariff rates creates a long free list including raw wool and virtually sugar and the sponsors of the measure contend that it will lower the cost of
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