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by SketchySeaBeast
2801 days ago
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> The United States had no income tax or reporting requirements for over a third of its existence and experienced growth; now that the tide has shifted, the US tax requirements would be causing a much greater exodus if it weren't for the fact that there are not currently many places worldwide in a better position. I believe that the initial taxation was for import/export, but that's also a time when the social welfare state didn't exist. Though the first income taxes came along to pay for war - I guess all the United States needs to do is stop being in the business of war and the income tax could go away. Any day now. |
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The first income tax came to pay for the Civil War; I don't think the US is going to give up on maintaining it's territorial integrity, even if it gave up on foreign wars.