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Authoritative and readable, this book is the first historical overview of US federal tax systems published since 1967. Its coverage extends from the ratification of the Constitution to the present day. Brownlee describes the five principal stages of federal taxation in relation to the crises that led to their adoption - the formation of the republic, the Civil War, World War I, the Great Depression, and World War II - and discusses the significant modification during the Reagan presidency of the last stage. Brownlee also addresses the proposals made since the fall of 1994 congressional elections under the 'Contract with America' and competing schemes, and he assesses today's conditions for a tax revolution in the light of the national emergencies that have produced revolutions in the past. While focusing on federal policy, Brownlee also attends to the related history of state and local taxation.
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A flat tax? Tax cuts? Complete elimination of the income tax? These ideas have most certainly been advocated by members of the Republican Party during the past few decades. Party leaders such as George W. Bush, Ronald Reagan and Newt Gingrich expressed disdain for the income tax and utilized their power to remove it as a revenue source. At the time of the Civil War, many Republicans, mainly in the Northeast, were opposed to the new Federal Income Tax. Initially used to finance that war, the Federal income tax became a hotly-debated issue at a time when America was trying to put back together a fractured nation. The issue split the party, with Midwestern and Southern Republicans wanting to co...