How "Tax the Rich" Turned Into Taxes for Everyone
The story of how America screwed itself into income taxes. Knowing this political history is incredibly important and you shouldn't need to hire a lawyer to understand it. That's why I'm here to help! Welcome to Internet Esquire, where I explain concepts, history, and doctrines we've all heard of but might not totally understand. I drop episodes every week. Please enjoy and have a wonderful day. Consider Subscribing ► YouTube: / @internetesquire Instagram: / theinternetesquire Twitter/X: https://x.com/internetesquire TikTok: / internetesquire Chapters ► 00:00 Why America has Income Tax 01:29 The Gilded Age 05:04 Tariffs & Excise Taxes 09:41 Revenue Act of 1894 12:42 Direct & Indirect Taxes 16:08 Apportionment 18:50 Pollock vs. Farmers Loan & Trust 20:34 The 16th Amendment 23:12 Rise of the Income Tax 26:50 Now Everyone Pays
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