Today's American Minute — & FDR expanded
Income Tax: Civil War Emergency, Supreme Court declared unconstitutional "Class legislation...leads inevitably to oppression"; Woodrow Wilson made permanent, FDR expanded - American Minute with Bill Federer
& FDR expanded Income Tax: Civil War Emergency Supreme Court declared unconstitutional "Class legislation...leads inevitably to oppression and abuses"; Woodrow Wilson made permanent
Kennedy stated January 17, 1963: "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 - not a reduced - flow of revenues to the federal government."