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President Grover Cleveland, who had campaigned on lowering the tariff and supported Wilson's version of the bill, was devastated that his program had been ruined.
- The Social, Economic, and Political Context of The Income Tax Debate
- The Wilson-Gorman Tariff Act
- Pollock v. Farmers' Loan and Trust Co.
- Bibliography
An understanding of the controversy and public policy debate surrounding the income tax at the close of the nineteenth century requires an exploration of that era's social, economic and political context. After the Civil War, the Republican Party dominated national politics and local politics in states that had aligned with the Union in the Civil W...
In 1894, Cleveland supported the Wilson-Gorman Tariff Act, whose original purpose was to lower tariffs substantially. In the House, however, Benton McMillan, a Tennesseerepresentative, amended the Wilson-Gorman Tariff Act to include an income tax. The amendment began: Thus, a flat 2 percent tax would be imposed on income in excess of $4,000. Fewer ...
Litigation on the constitutionality of the income tax commenced almost immediately after the tax became law. Opponents of the tax argued principally that the tax was a direct tax, which Article I, Section 2, of the Constitution requires be "apportioned among the several states" according to their populations. The classic direct tax would have been ...
Grossfeld, Bernhard, and James D. Bryce. "A Brief Comparative History of the Origins of the Income Tax in Great Britain, Germany and the United States." American Journal of Tax Policy211 (1983). Seligman, Edwin R.A. The Income Tax: A Study of the History, Theory and Practice of Income Taxation at Home and Abroad. New York: Macmillan, 1914. Weisman,...
Aug 28, 2023 · The Wilson-Gorman Tariff Bill becomes law without Cleveland's signature (he refuses to veto or sign the measure). The law includes an income tax of 2 percent on all personal income greater than $4,000 and on all corporate income above operating expenses.
Aug 28, 2018 · On this day in 1894, President Grover Cleveland allowed an income tax measure enacted by Congress to become law — without signing it. The Wilson-Gorman tariff bill included a 2 percent...
Congress passes the Wilson-Gorman Tariff Act (28 Stat 509), which raises income taxes to 2% on all income over $4000 and on all corporate income above operating expenses. Cleveland withholds his signature but does not veto.
Jul 22, 2015 · Cleveland won the election and saw it as a mandate for tariff reform. His first order of duty was to get the Wilson-Gormon Tariff act passed, which congress did in August of 1894. Unfortunately, this turned out to be a big embarrassment for Cleveland.
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Cleveland and the Tariff. Grover Cleveland was a true conservative. He opposed unnecessary government meddling in the nation's economy, arguing that a high tariff was an interfering factor in the natural economic order of things.
