Flaylo
Handsome Devil
Since the Repug shitheads like branding their party as the party that freed slaves why not slap their with a little of their own medicine
Heather Cox Richardson: Don't Forget: Republicans Created Income Taxes
this is more proof that the Repug shitheads of today are nothing like the Republicans of the 1850s and 1860s, the Repugs they like gloating about who freed the slaves.
Heather Cox Richardson: Don't Forget: Republicans Created Income Taxes
After the Southern Democrats seceded from the Union in 1861, Republicans dominated Congress. Immediately, they reinstated the old tariff duties Democrats had dropped, erecting tariff walls around the entire U.S. economy. But these tariffs could only stabilize the peacetime budget. The financial maw of the Civil War required an entirely new revenue system, and Republicans set out to create it.
Their guiding principle was to spread the burden of taxation evenly throughout society. They believed that the survival of the nation would benefit all Americans, so everyone should support the government to the best of their ability, "not upon each man an equal amount," a leading Republican explained, "but a tax proportionate to his ability to pay."
First, they placed taxes on all manufactured goods. Together with the tariffs, these taxes on consumer goods -- essentially sales taxes -- would fall disproportionately on working-class Americans.
To counteract this regressive tax, Republicans invented the national income tax. This was a wildly new idea in 1861, when most people tallied their income and expenses item to item, rather than thinking of their income as a yearly number. Congressmen shook their heads at the difficulty of figuring out how much money they made in 12 months. But levying a tax on income would guarantee that "the burdens will be more equalized on all classes of the community, more especially on those who are able to bear them," said a senator from a wealthy eastern state when he introduced the novel plan.
Congress adopted the income tax in 1861, placing a tax of 3 percent on incomes over $800. Then in 1862, it made the tax progressive, levying a tax of 3 percent for incomes over $600 a year and of 5 percent for incomes over $10,000. To collect the tax, the Republican Congress created an Internal Revenue Bureau in the Treasury Department.
this is more proof that the Repug shitheads of today are nothing like the Republicans of the 1850s and 1860s, the Repugs they like gloating about who freed the slaves.