Rants

The End of a "Rich Man’s Tax"

On April 25, 1889, the United States Congress declared war on Spain, thus starting the Spanish-American War. Since wars cost money, politicians immediately look to raise taxes to pay for the increased expenditures. As such, Congress passed a tax levy on the 1400 “rich” Americans who owned phones. This tax levy added 1-cent to the cost of each telephone call…

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