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June 19, 2019

Title: Why Does the Govt Withhold Taxes from Paychecks?
Topic: History of Automatic Payroll Tax Withholding

Discussed by Bill Federer
with American Minute (www.AmericanMinute.com)

Part 1 of 3

Bill Federer is the Founder of The American Minute.

Today he will be discussing the history of withholding taxes from our paychecks.

Questions/Issues Discussed:

Prior to 1913, leading up to the First World War, did Americans pay an income tax?

Was Lincoln’s Revenue Act an income tax?

Historically, how did the Federal Government raise money to pay its bills? Bill Federer explains tariffs…

How did Congress raise money to pay for Hitler’s war?

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Title: Part 2 of 3 - Why Does the Govt Withhold Taxes from Paychecks?
Topic: History of Automatic Payroll Tax Withholding

Discussed by Bill Federer
with American Minute (www.AmericanMinute.com)

Questions/Issues Discussed:

Who had the idea of automatic payroll tax withholding, otherwise known as the "Pay-As-You-Go" tax?

How did the Federal Government get people to sign up for the automatic withholding of payroll/income taxes?

Was the payroll tax and automatic withholding intended only for during the period of WWII – not beyond?

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Title: Part 3 of 3 - Why Does the Govt Withhold Taxes from Paychecks?
Topic: History of Automatic Payroll Tax Withholding

Discussed by Bill Federer
with American Minute (www.AmericanMinute.com)

Questions/Issues Discussed:

When did the Social Security Card and numbering system come into play?

When was the SSC allowed to be used as identification?

Were there few complaints lodged against the automatic payroll tax withholding during the WWII

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