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Publication 5399 KO Internal Revenue Service  Form

Publication 5399 KO Internal Revenue Service Form

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What if there were no taxes? The first federal income tax in the U.S. was implemented to support the Civil War, so what was the government relying on before then? And how would no federal income taxes affect the U.S. today? If the old adage remains true and the only certain things in life are death and taxes, then it’s no wonder a lot of us feel like we’re dying around April 15th. But even though taxes have been a cornerstone of the United States (and prior to that the colonies of the Americas) since its inception, federal income taxes weren’t always a part of that equation. So for this episode, I wanted to dive into an alternative history that asked the question: what would the U.S. look like if we didn’t have a federal income tax? So for the first part of this experiment we have to ask: What preceded the federal income tax? And how did it come into place? Well as I mentioned before, taxes are even more American than your favorite flavor of pie. There were colonial taxes impos

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