Income Tax
Topic : CompromiseWhen the federal income tax was signed into law in 1913, a senator speaking in opposition to the bill stated: If we allow this 1 percent foot-in-the-door, at some future date it might rise to 5 percent.
When the federal income tax was signed into law in 1913, a senator speaking in opposition to the bill stated: If we allow this 1 percent foot-in-the-door, at some future date it might rise to 5 percent.