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0 sats \ 1 reply \ @Scroogey 2 Feb \ on: Naive, but how the fuck did we end up with so many taxes? econ
John Brooks' Business Adventures third chapter 'The Federal Income Tax' covers the history of income taxes (up to the 1960s, at least). It's fascinating and a funny read (for those so inclined).
Financing of wars played a role. Who pays how much has changed multiple times, in different directions.
UK has had some form of inheritance tax since the late 1600s, first inheritance tax on inherited property was in like 1853. it's why we have all these cool out statley houses and castles in the UK in trusts now because the heirs just couldn't afford to pay the tax.
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