Celebrate the End of Tax Season with Savings!
This is why your taxes are higher coffee mugs by PoliticalGenius
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Considering that the American Revolution began because of tea taxes in Boston, it’s ironic that America herself has a history of excessive taxes. The story of American income taxes begins with the war of 1812. At the end of two years of war, the federal government had an unbelievable $100 million of debt. To pay for this, the government doubled the rates of its major source of revenue, customs duties on imports. This measure restricted trade so severely that the government ended up bringing in less revenue than it had received from the lower rates. Also, excise taxes were imposed on goods, and commodities such as housing, slaves, and land were taxed pay for the war. After the war ended in 1816, these taxes were repealed and high customs duties were passed to retire the accumulated war debt.
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