The income tax: a century is sufficient

Alexander Hamilton won in the end. As Secretary of the Treasury in 1790 in favor of a series of taxes “internal” to integrate import tariffs federal income. Thomas Jefferson despised internal taxes Hamilton as an attack on freedom, and when he was elected in 1800 to ensure that its removal. The Jeffersonian view has dominated for decades, but in the late 19th century, an increase of government and concern for the high tariffs has led to demands for new revenue. The first income tax was imposed to finance the Civil War and lasted until 1872. Other income tax was imposed in 1894, but …