A Potted History Of U.S. Income Taxes

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A Potted History Of U.S. Income Taxes
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• From the beginning of civilisation itself, taxes
  have been a part of peoples lives, with perhaps
  the earliest tax known to have been implemented
  in Mesopotamia more than 4,000 years ago. This
  early tax used livestock as currency, and others
  throughout ancient history have imposed taxes on
  estates and even death.
• While these taxes were altered beyond recognition
  as time passed and systems and beliefs changed,
  some ancient taxes still found their way into the
  modern world, with China getting rid of the
  oldest historical tax still in existence, just
  over a decade ago.

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• Historical U.S. Taxes
• Throughout our great nations history, the tax
  system has changed dramatically, and tariffs were
  once set in place of taxes to ensure the
  government received enough revenue. War time was
  historically when new taxes were introduced to
  increase revenue, and they were simply stopped
  when the war was over.
• Colonists from the United Kingdom used to place
  significant taxation on items such as tea, and
  even on such things as legal and business
  documents that were required by the Stamp Tax.
  Shortly after these taxes were imposed,
  disgruntled colonists made popular the term
  taxation without representation, since most

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• colonists were given no avenue to voice their
  opinion about the creation of such taxes. Perhaps
  one of the most renowned protests associated with
  taxes is the Boston Tea Party. Following this,
  and once the colonies had gained independence
  from the U.K., Congress passed the Stamp Act of
  July 6th of 1797 involving taxes placed on
  personal estates and possessions of the dead.
  However, death taxes didnt stick for long and
  they were completely ended in 1802.
• Income tax throughout the ages
• 1861 saw the very first income tax being created
  at the time of the Civil War and was used to help
  secure finances for the war effort. The very next
  year saw

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• Congress passing the Internal Revenue Act which
  in turn, led to the creation of the Bureau of
  Internal Revenue, something like what is now
  known as the IRS. This bureau slapped taxes on
  items such as tobacco and jewellery, but it did
  not prove popular and wasnt renewed the
  following year. In 1862, when the first income
  tax form was introduced it identified the federal
  income tax as an excise tax.
• In 1894, Congress passed the Wilson Groman tax
  which was a 2 tax placed on incomes of over
  4,000, but it also didnt prove popular and the
  Supreme Court overturned it the following year.

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• The beginning of the twentieth century saw the
  income tax regaining popularity, and in 1913 the
  Sixteenth Amendment was given formal consent to
  be added to the Constitution and enabling
  Congress to, in certain very narrow instances,
  collect taxes on personal income. Income tax was
  collected at source, just as it is today, and
  taxes are initially withheld before the income
  reaches the individual.
• The following year of 1914 saw the Bureau of
  Internal Revenue release the very first income
  tax form, Form 1040, remaining in use to this
  day. After it was tested out on the population
  with no taxes being charged during that year long
  test run period Congress quickly began to have
  concerns about how federally privileged benefit.

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• Complicated the form was and that the average
  person would struggle to complete and file it
  with no errors.
• Income tax in 2018
• The common misconception is that every single
  American is required to pay this federal tax,
  when the reality is very different. Some
  individuals, such as those who work for the U.S.
  government or who reside in certain federal
  territories or are employed in federal jobs are
  required to pay federal income taxes, but for
  the rest of us the possibility is that we
  probably dont. The federal tax is just that
  federal meaning that it is only applicable to
  those who accept some type of

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• The I.R.S. will never tell you this and they are
  happy to keep taking your money as long as you
  give it to them for free.This may come as a shock
  to you, and youd be forgiven for that, but
  knowing this information and not acting upon it,
  is a matter of choice, which is why even top
  officials at the I.R.S. always say truthfully
  that the tax is voluntary.
• So, if you want to stop paying taxes that you are
  not lawfully required to pay, get in touch with a
  reputable company who can give you advice and
  guidance and help put an end to your taxes for
  good!

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• End Taxes 4 Ever offer services to our clients to
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  are not just overpaying on income taxes, but in
  the vast majority of cases they lawfully required
  to very little if anything at all. We guide
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