The Evolution of Income Tax in America

This chapter traces the historical development of income tax in the United States, beginning with its introduction during the Civil War to address economic disparities and the pushback from wealthy elites. It explores the challenges faced in solidifying this tax system, including Supreme Court rulings and political maneuvers, ultimately leading to the ratification of the 16th Amendment. The narrative emphasizes the ongoing relevance of these historical struggles against wealth inequality, linking past controversies with contemporary economic issues.