Thread: The Temporary Victory Tax ghost of 1943 lives on.

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With reference to the Temporary Victory Tax of 1942-3 mentioned in the OP, I just came across the following interesting article on that tax. See: How World War II Still Determines Your Tax Bill


Quote:

“When the modern income tax was introduced in 1913, it was constructed as a tax merely on the very top earners and was essentially irrelevant to most Americans.”

In fact, the 16th Amendment was intended to have those receiving un-earned income contribute a small portion of that un-earned income, to help finance the functions of our federal government and relieve the working poor who "...groan beneath the burdens of tariff taxes ..." as stated during the 1909 Congressional Debates on the adoption of the 16th Amendment SOURCE page 4414, lower left of page.

Also see at the above link,

Mr. HEFLIN. "An income tax seeks to reach the unearned wealth of the country and to make it pay its share." page 4420.


So why are today's wage earners having a federal tax imposed on their earned wages when the tax was intentionally designed to be imposed on "unearned incomes"?

JWK