Archive for November 14th, 2008

Danny Kaye’s Musical Tribute to the Income Tax »

One of the best illustrations of Randolph Bourne’s dictum that “War is the Health of the State” was the rise of the modern income tax during World War II. Before 1942, the tax covered only a small well-off minority. As the federal government lowered the brackets and raised the rates during the war, however,...
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