Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Volume 2 |
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Page 166
In 1866 the Federal tax burden was $ 13 per capita , or between 8 and 10 per cent of the national income ... who were much more influential and articulate , insisted on the repeal of the income tax and certain " nuisance " taxes .
In 1866 the Federal tax burden was $ 13 per capita , or between 8 and 10 per cent of the national income ... who were much more influential and articulate , insisted on the repeal of the income tax and certain " nuisance " taxes .
Page 222
Income Tax of 1894. While the Act eliminated the reciprocity clause of the McKinley bill , repealed the bounty on sugar , and restored the duty on raw sugar , its most important feature was the income tax clause .
Income Tax of 1894. While the Act eliminated the reciprocity clause of the McKinley bill , repealed the bounty on sugar , and restored the duty on raw sugar , its most important feature was the income tax clause .
Page 223
According to Representative Walker , the tax " would take from the wealth of the thrifty and enterpris- ing and give to the shiftless and the sluggard . " But the most oft - repeated and devious argument was that the income tax would ...
According to Representative Walker , the tax " would take from the wealth of the thrifty and enterpris- ing and give to the shiftless and the sluggard . " But the most oft - repeated and devious argument was that the income tax would ...
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Contents
The Meaning and Basic Trends of Financial History | 1 |
Monetary and International Fi nancial Policies | 4 |
26 | 7 |
Copyright | |
56 other sections not shown
Other editions - View all
Financial History of the United States: Fiscal, Monetary, Banking, and ... Paul Studenski,Herman Edward Krooss No preview available - 2011 |
Financial History of the United States: Fiscal, Monetary, Banking, and ... Paul Studenski,Herman Edward Krooss No preview available - 2011 |
Common terms and phrases
addition administration American Annual Report authorized balance bank reserves bankers banking system became began bill Bland-Allison Act Board borrowing budget capital cash cent certificates circulation cities coin colonies commercial banks Committee Comptroller Congress corporate cost currency declined deficit demand deposits depression duties economic established estimated excises expansion export favored Federal government Federal Reserve Federal Reserve Act Federal Reserve Board Federal Reserve System finance fiscal policy foreign funds gold standard government bonds greenbacks Hoover important income tax increased inflation interest rates investment issue June land levied loans member banks ment monetary money market money supply municipal National Bank Act national banks national-bank operations paper money payments pensions period President proposed purchase receipts recommended rediscount reduced refunding repealed Reserve banks retirement revenue Secretary securities Senate silver specie spending surplus tariff taxation tion Treasury notes Treasury's United veto York
Bibliographic information
| Title | Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Volume 2 Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Herman Edward Krooss |
| Authors | Paul Studenski, Herman Edward Krooss |
| Edition | 2 |
| Publisher | McGraw-Hill, 1963 |
| Length | 605 pages |
| Export Citation | BiBTeX EndNote RefMan |