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April 30, 2019


Title: The History of Income Tax
Topic: Income Tax History
Discussed by Bill Federer
with American Minute (www.AmericanMinute.com)


Part 1 of 4

Einstein: “The hardest thing in the world to understand is income tax.”

Let’s let Bill Federer, Founder of The American Minute, explain…

Questions/Issues Discussed:

The deadline for filing income taxes was set on April 15, 1954. What other significant events happened on April 15th in history?

Were federal revenues once derived from excise taxes/tariffs on imported goods? What is the difference?

Prior to the Civil War, were most taxes (tariffs) collected at Southern ports? Bill Federer recounts what happened with cotton crops…



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Title: Part 2 of 4 - The History of Income Tax
Topic: Income Tax History
Discussed by Bill Federer
with American Minute (www.AmericanMinute.com)

Questions/Issues Discussed:

Did President Lincoln impose an income tax known as the Revenue Act? How was it paid for?

Was this followed by another “non-emergency” income tax known as the Peace Time Act in 1894? Was it successful?

Why was the 16th Amendment added in 1913? Did the rich find loop-holes to avoid transferring their wealth to others?

Why were churches given tax-exempt status?

When, why, and how did churches forfeit many of their responsibilities (social programs) to the government?



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Title: Part 3 of 4 - The History of Income Tax
Topic: Income Tax History
Discussed by Bill Federer
with American Minute (www.AmericanMinute.com)




Questions/Issues Discussed:


Did World War II enable Democrat President Franklin Roosevelt the opportunity to increase and expand the Federal Income Tax? Did he also institute paycheck withholding?


Did Democrat President John F. Kennedy understand the burdens taxation had placed on individuals and business? Did he lower taxes for everyone?


Did Kennedy’s tax cut work?




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Title: Part 4 of 4 - The History of Income Tax
Topic: Income Tax History
Discussed by Bill Federer
with American Minute (www.AmericanMinute.com)


Questions/Issues Discussed:

How did President Reagan bankrupt the USSR?

Is Socialism the concentration of power into the hands of an elite few?

What is the Machiavellian tactic? Did Karl Marx first emphasize these tactics?

Click here  for more from Bill Federer and The American Minute.



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