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Cargando... The Great Tax Wars: Lincoln to Wilson--The Fierce Battles over Money and Power That Transformed the Nationpor Steven R. Weisman
   Ninguno Actualmente no hay Conversaciones sobre este libro. 1   mjgrogan | Jul 17, 2009 |  sin reseñas | añadir una reseña
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A major work of history, "The Great Tax Wars" is the gripping, epic story of six decades of often violent conflict over wealth, power, and fairness that gave America the income tax. It's the story of a tumultuous period of radical change, from Abraham Lincoln and the Civil War through the progressive era under Theodore Roosevelt and ending with Woodrow Wilson and World War I. During these years of upheaval, America was transformed from an agrarian society into a mighty industrial nation as great fortunes were amassed, militant farmers and workers rebelled against concentrations of vast wealth and power, class war was narrowly averted, and America emerged as a global power. Award-winning journalist Steven R. Weisman begins his narrative with the Civil War, when Lincoln imposed the nation's first income tax to pay the Union Army and dampen dangerous resentment against bankers, merchants, and factory owners who profited from the war. Repealed by Congress after the war, the tax was reenacted in 1894 to deal with the nation's worst economic collapse until that time. By reducing the government's heavy reliance on tariffs for revenue, t No se han encontrado descripciones de biblioteca. |
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 Google Books — Cargando...GénerosSistema Decimal Melvil (DDC)336.24Social sciences Economics Public Finance & Taxation Taxation IncomeClasificación de la Biblioteca del CongresoValoraciónPromedio: (3.42)
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More to the point, the author relays the story in about the most engaging way possible without resorting to scurrilous anecdotes about the cast of characters involved (which I secretly desired, of course). Certainly I now have a better understanding about why the income tax was deemed necessary and, indeed, more fair than the previous high tariff system. At this stage of mass consumerism, however, I do wonder if more emphasis on a higher sales tax – at least on non-essentials – might be desirable to reduce what I still view as an absurd income tax burden (“welfare state” or not, I don’t see that many damn safety nets for anyone except AIG and the Big Three). Ideally this would enable pimps, strippers, heroin dealers, and all other such entrepreneurs to also contribute to our shared societal/economical burdens. (