Word: taxed
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Dates: during 1930-1939
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...tell about the time he was told of the Munich settlement, glanced at the documents, drawled "Sure 'nough" and went on about his business. They tell of the time he spoke with quiet pride of his work as a reformer on the first modern U. S. income-tax bill back in 1913, while his audience-national planners, currency tinkerers, spenders-lenders, rural resettlementers, court reorganizers-could hardly keep their faces straight...
Congressional Canutes or no, the tide of national debt was still mounting. In the fiscal year 1939 the U. S. spent $3,600,000,000 more than was collected in taxes. Session III of the 76th Congress will face a probable new Army appropriation of about $1,700,000,000, a new Navy appropriation of about $1,300,000,000, plus a $275,000,000 deficiency appropriation. To meet this bill for national defense, while continuing to spend many millions on relief, works, etc., the U. S. Treasury must raise new taxes, somehow, somewhere. And 1940 is an election year...
Last week no Democrat, high or low, New or Old Deal, cared to take his political life in his hands, suggest brutal tax increases. The shadow of 1940 lay heavy on the grey Capitol, the gleaming White House. Ancient, ham-handed "Old Muley" Bob Doughton of North Carolina, chairman of the House Ways and Means Committee, celebrated his 76th birthday, optimistically remarked that the war boom in business might obviate the need of new taxes...
...court. Four months later, the Federal Government rose from an examination of his riches and with a straight face made the statement that Capone had illegally withheld from the Government a cut of his ill-gotten gains. He was convicted on five of 22 counts of evading the income tax, fined $57,692.29, and sentenced to the penitentiary for ten years, an additional year in jail for the charge of contempt. His day was dead. Depression and repeal of the 18th Amendment buried...
...Solon's peaceful revolution," says Durant, "is one of the encouraging miracles of history." He introduced a graduated income tax, created a popular assembly to check the old-fashioned aristocratic council, made the entire citizenry a panel from which jurors were chosen. The quarrelsome Athenians might not have stuck to these laws if a dictator, Peisistratus, had not enforced them for a generation; after that they became habitual. About 507 B.C. another persuasive political thinker, Cleisthenes, extended an Athenian device which for pure democracy has never been equalled: selection of legislators by lot from the whole list of citizens...