Tax: Income

Tax: Income

The income tax is determined by applying multi-tiered tax rates based on income (the rates increase as income rises). The income tax as we know it was instituted in 1913, when the Sixteenth Amendment overturned the Supreme Court's 1895 ruling that outlawed the policy.

Cry Wolf Quotes

When a man has accumulated a sum of money within the law, that is to say, in the legally correct way, the people no longer have any right to share in the earnings resulting from the accumulation.

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John Davison Rockefeller.
07/27/1909 | Full Details | Law(s): Tax: Income

If once you give the power to the nation to tax all the incomes…you give them the power to tax the states, not out of their existence, but out of their vitality.

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Associate Justice Stephen Brewer. 1909.
01/01/1909 | Full Details | Law(s): Tax: Income

It may be impracticable that our distinctively American experiment of individual freedom should go on.

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Senator David Hill (D-NY), The New Republic.
01/01/1894 | Full Details | Law(s): Tax: Income

[T]here will be no check upon the power of the Populistic States to exempt themselves and make a few Eastern States pay all, or nearly all, the tax.

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The New York Times
07/08/2009 | Full Details | Law(s): Tax: Income

Evidence

Backgrounders & Briefs

Taxes Not Seen as Making the Rich Flee New York

Almost everyone agrees that raising taxes on the rich does not induce mass upper-class migration.