{ "item_title" : "The Interesting History of Income Tax", "item_author" : [" William J. Federer "], "item_description" : "The Interesting History of Income Tax William J. Federer The only things certain are death and taxes - Benjamin Franklin Yet few know America's interesting history of Income Tax, such as: *1787 - U.S. Constitution prohibited a direct Federal tax *1862 - Revenue Tax on incomes went into effect to finance the Union during the Civil War *1895 - Supreme Court made Income Tax unconstitutional *Woodrow Wilson thought tariffs on imports caused wars, so he worked to replace them with an Income Tax. *1913 - Income Tax was only a 1% tax on the top 1% richest people in America. *1943 - Paycheck Withholding began as an emergency effort to get funds to finance WWII. John F. Kennedy - Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased flow of revenues to the Federal Government. (Annual Budget Message, Jan. 17, 1963) Thomas Jefferson - It is an encouragement to proceed as we have begun in substituting economy for taxation (2nd Annual Message, 1802) (176 pages, includes pictures)", "item_img_path" : "https://covers1.booksamillion.com/covers/bam/0/97/534/550/0975345508_b.jpg", "price_data" : { "retail_price" : "19.99", "online_price" : "19.99", "our_price" : "19.99", "club_price" : "19.99", "savings_pct" : "0", "savings_amt" : "0.00", "club_savings_pct" : "0", "club_savings_amt" : "0.00", "discount_pct" : "10", "store_price" : "" } }

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