A Brief History Of The Individual And Corporate Income Tax

The federal government has a fiscal-year budget need of $3.7 trillion. In its early years, the U.S. taxed those with the greatest wealth. However, beginning with FDR and his New Deal, Washington began to extract money from the middle class to meet its budget. In this article, you will learn the amount of total revenue the government receives from the individual and corporate income tax.

grabbed from http://www.forbes.com/sites/mikepatton/2015/10/31/a-brief-history-of-the-individual-and-corporate-income-tax/