Sunday, February 3, 2013

Robert Reich: Today, an Anniversary of America's First Progressive Revolution

Robert Reich: Today, an Anniversary of America's First Progressive Revolution:

robertreich:



Exactly a century ago, on February 3, 1913, the 16th Amendment to the Constitution was ratified, authorizing a federal income tax. Congress turned it into a graduated tax, based on “capacity to pay.”


It was among the signal victories of the progressive movement — the first constitutional…





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