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GOP for tax increase which Obama hopes to block
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<blockquote data-quote="wkmac" data-source="post: 869687" data-attributes="member: 2189"><p>Understanding that withholding and in many ways taxation on wage and salaries of working folk (blue and white collar) didn't ramp up until the 1942' Victory Tax Act and was later codified in the 1953' Income Tax code, I always found <a href="http://www.law.cornell.edu/anncon/html/amdt16_user.html" target="_blank"><span style="color: #ff0000">this</span></a> from Cornell Law to be interesting reading. Seems to early applications of the income tax were very driven towards a certain entity who in fact enjoyed a special status of state privilege. To go the next step, if one never partook of such privilege, one was never considered a source for the application of the income tax. Nearly 100 years later I find it equally interesting as to where we are now and the debates we have over the matter while considering the original intent of those that wrote and framed the 16th amendment.</p><p></p><p>Just a thought!</p></blockquote><p></p>
[QUOTE="wkmac, post: 869687, member: 2189"] Understanding that withholding and in many ways taxation on wage and salaries of working folk (blue and white collar) didn't ramp up until the 1942' Victory Tax Act and was later codified in the 1953' Income Tax code, I always found [URL="http://www.law.cornell.edu/anncon/html/amdt16_user.html"][COLOR=#ff0000]this[/COLOR][/URL] from Cornell Law to be interesting reading. Seems to early applications of the income tax were very driven towards a certain entity who in fact enjoyed a special status of state privilege. To go the next step, if one never partook of such privilege, one was never considered a source for the application of the income tax. Nearly 100 years later I find it equally interesting as to where we are now and the debates we have over the matter while considering the original intent of those that wrote and framed the 16th amendment. Just a thought! [/QUOTE]
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