The Great Tax Wars: Lincoln--Teddy Roosevelt--Wilson How the Income Tax Transformed AmericaA major work of history, The Great Tax Wars is the gripping, epic story of six decades of often violent conflict over wealth, power, and fairness that gave America the income tax. It's the story of a tumultuous period of radical change, from Abraham Lincoln and the Civil War through the progressive era under Theodore Roosevelt and ending with Woodrow Wilson and World War I. During these years of upheaval, America was transformed from an agrarian society into a mighty industrial nation, great fortunes were amassed, farmers and workers rebelled, class war was narrowly averted, and America emerged as a global power. The Great Tax Wars features an extraordinary cast of characters, including the men who built the nation's industries and the politicians and reformers who battled them -- from J. P. Morgan and Andrew Carnegie to Lincoln, T.R., Wilson, William Jennings Bryan, and Eugene Debs. From their ferocious battles emerged a more flexible definition of democracy, economic justice, and free enterprise largely framed by a more progressive tax system. In this groundbreaking book, Weisman shows how the ever controversial income tax transformed America and how today's debates about the tax echo those of the past. |
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Contents
Two Chase Has No Money | 29 |
Three Every Mans Duty to Contribute | 51 |
Four There Is No Tax More Equal | 75 |
Five The Communism of Combined Wealth | 105 |
Six Fraught with Danger to Each and Every Citizen | 131 |
Seven A Peculiar Obligation to the State | 173 |
Eight The Congress Shall Have Power | 207 |
Nine It Will Lighten the Burdens of the Poor | 237 |
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Common terms and phrases
Aldrich amendment American argued bankers banks battle Benton McMillin Blakey and Blakey bonds Bryan called campaign capital Chase Civil Cleveland Confederacy Confederate Congress conservative constitutional corporation tax cotton currency debate debt declared Democrats economic election Elihu Root enacted farm farmers favored Finance gold governor Grover Cleveland Hull Ibid income tax industry inheritance tax issue J. P. Morgan Justice Kitchin La Follette labor later lawmakers lawyer legislation Lincoln lower tariffs McAdoo Memminger ment million North party percent on incomes political Populist President presidential profits progressive progressive tax proposed railroads raise Ratner reform Republican revenues rich Salmon Chase Senate Sherman South Supreme Court Taft Taft's tariff tax bill tax cut tax rates tax system taxation taxpayers Theodore Roosevelt tion Treasury Secretary Union United votes Washington wealth wealthiest White House William William Jennings Bryan Wilson workers wrote York City York World