It all started in 1913 with the ratification of the 16th Amendment to the Constitution. In a moment of fiscal irresponsibility, the states approved a federal income tax without limits and without any ...
If any constitutional amendment can be hated, it would be the 16th Amendment. Passed by Congress in 1909 and ratified by the states in 1913, it allowed Congress to “levy income taxes without ...
U.S. philantropist and oil magnate John D. Rockefeller gives a dime to a child. After “robber barons” like Rockefeller amassed a staggering amount of wealth in the late 19th century, the progressive ...
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