Difference between revisions of "2009-05-31 Why do people persist in voting Republican/woozle/2009"
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(→Woozle (round 4) -- in progress: ok, I think I'm done with this... at least tentatively...) |
(→Woozle (round 4): some inflation-adjusted figures) |
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Wikipedia [[wikipedia:Income tax in the United States|gives the following history]]: | Wikipedia [[wikipedia:Income tax in the United States|gives the following history]]: | ||
| − | * '''1861''': First US personal income tax ever, to help pay for the Civil War -- 3% of all incomes over $800 | + | * '''1861''': First US personal income tax ever, to help pay for the Civil War -- 3% of all incomes over $800 (~$20k in 2009) |
* '''1862''': The above tax is repealed and replaced by another one. | * '''1862''': The above tax is repealed and replaced by another one. | ||
| − | * '''1894''': the Wilson-Gorman tariff imposes the first US peacetime income tax -- 2% on income over $4000, fewer than 10% of households had to pay anything. Purpose was "to make up for revenue that would be lost by tariff reductions." (Whose tariffs were being reduced, and why? Suspicious.) | + | * '''1894''': the Wilson-Gorman tariff imposes the first US peacetime income tax -- 2% on income over $4000 (~$101k in 2009), fewer than 10% of households had to pay anything. Purpose was "to make up for revenue that would be lost by tariff reductions." (Whose tariffs were being reduced, and why? Suspicious.) |
* '''1895''': Supreme Court [[wikipedia:Pollock v. Farmers' Loan & Trust Co.|rules]] that taxes on property rents are unconstitutional; however, the "Court affirmed that the Constitution did not deny Congress the power to impose a tax on real and personal property." | * '''1895''': Supreme Court [[wikipedia:Pollock v. Farmers' Loan & Trust Co.|rules]] that taxes on property rents are unconstitutional; however, the "Court affirmed that the Constitution did not deny Congress the power to impose a tax on real and personal property." | ||
* '''1913''': States ratify the [[wikipedia:Sixteenth Amendment to the United States Constitution|16th Amendment]], allowing "Congress to levy an income tax without apportioning it among the states or basing it on Census results" and overruling Pollock re taxing property rents. | * '''1913''': States ratify the [[wikipedia:Sixteenth Amendment to the United States Constitution|16th Amendment]], allowing "Congress to levy an income tax without apportioning it among the states or basing it on Census results" and overruling Pollock re taxing property rents. | ||