Thursday, October 3, 2013
Today, October 3, marks the 100th anniversary of the federal income tax.
On this day in 1913, President Woodrow Wilson signed the legislation into law, which concluded a process begun four years earlier by President Taft. The income tax of 1913 is still with us and is likely to be for many more years to come.
See Bruce Bartlett, Happy Centennial, Federal Income Tax, The New York Times, Oct. 1, 2013.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.