Income tax
The history of Taxation in the United States begins alongside the foundation of the nation itself with the colonial protest against British taxation policy in the 1760s, protests that would directly lead to the American Revolution.
It wouldn’t be until the Civil War that we would briefly impose income taxes in the 1890s, with income tax being permanently legalized in 1913 through the ratification of the 16th Amendment.
As time went on, the complexities of the tax system would grow exponentially to a point where most, if not all, of the general populous, saw it as some unfathomable and undecipherable puzzle. As the wealth gap continues to grow, those at the top are using increasingly more elaborate ‘creative bookkeeping’ to pay less and less.
With current President Biden using tax reform as one of the main pillars of his presidential campaign, change might finally be on the horizon. Republicans, however, will do what Republicans always do and fight tooth and nail against any tax laws that would see any change to the status quo or more importantly, tackle wealth inequality.
