Walter E. Williams Quotes


It was not until the Abraham Lincoln administration that an income tax was imposed on Americans. Its stated purpose was to finance the war, but it took until 1872 for it to be repealed. During the Grover Cleveland administration, Congress enacted the Income Tax Act of 1894. The U.S. Supreme Court ruled it unconstitutional in 1895. It took the Sixteenth Amendment (1913) to make permanent what the Framers feared -- today's income tax.


Citations

Williams, Walter E. "Taxes and History." Creators Syndicate, 2003.

Related Quotes

Walter E. Williams
Walter E. Williams
  • Born: March 31, 1936
  • Died: December 2, 2020
  • Nationality: American
  • Profession:

Walter Edward Williams was an American economist, commentator, and academic.