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News Link • TAXES: Federal

Happy birthday income tax, you're 100 years old (ouch!)

• CNBC

.... "Obviously, it depends on your perspective," said Ajay Mehrotra, a history professor at Indiana University.

"But there's one thing we can take from the period of time when the tax law passed," he said. "And that is lawmakers got together and realized some permanent form of taxation was needed instead of having a political stalemate that got nowhere."...

 

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