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Period 2 Friday, March 11, 2011

Period 2 Friday, March 11, 2011. 16 th Amendment- Congress shall have the power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration. Passed by Congress- July 2, 1909

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Period 2 Friday, March 11, 2011

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  1. Period 2 Friday, March 11, 2011

  2. 16th Amendment- Congress shall have the power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration. Passed by Congress- July 2, 1909 Ratified- February 3, 1913

  3. Story Behind the Amendment • There were many Americans who were concerned about the way the government was taxing them. http://www.webclamor.com/things-to-remember-while-filling-itr/

  4. Clothes, Tea, Coffee, Raw Materials, rum, etc. Before the 16th Amendment, the bulk of the revenue was collected through tariffs. A tariff is a tax or duty on imported goods. Importers paid the taxes and then passed the goods along to consumers by charging higher prices.

  5. The First Income Taxes • The first federal income tax was first used during the Civil War around 1861.

  6. Pollock Vs. Farmers Loan and Trust • In this case the Supreme Court ruled that the federal tax law of 1894 was a direct tax and, therefore, unconstitutional because it was not levied in proportion to the census. http://courts.oregon.gov/Washington/General_Information/Going_to_Court/about_us.page

  7. America 1789 1913 • 46 states • Pop. = 76,212,168 • Communication • Telephone • Newspapers • Transportation • Trains • Steamships • Stagecoaches/animals • Only 17 states • Pop. = about 3,929,214 • Communication • Letters • Newspapers • Transportation • Boats • Trains • Stagecoaches/animals http://maps.thefullwiki.org/Territorial_evolution_of_the_United_States http://xroads.virginia.edu/~MAP/TERRITORY/1900map.html

  8. About the Amendment http://newstoday365.com/income-tax-tips-for-corporates-and-individuals/33260/ An income tax is a personal tax that is levied on the tax payer’s income.

  9. Income Taxes • An income tax is very different than previous ways the government used to collect money. Again, most of the money was collected through tariffs. But the tariffs didn't bring in enough money because they wouldn’t pay for a fraction of the cost for services like national defense, Social Security, Medicare etc.

  10. Importance Then • WHAT DID THE 16TH AMENDMENT DO TO THE POLLOCK DECISION? OVERTURNED http://www.istockphoto.com/stock-illustration-5853965-question-mark.php

  11. http://www.iplanretirement.com/retirementblog/taxes-retirement/http://www.iplanretirement.com/retirementblog/taxes-retirement/ http://blog.logicbuy.com/page/2/ The IRS : The Internal Revenue Service

  12. Tax Day • Date: Tax Day is on April 15th and it occurs once every year. • This day is when taxpaying Americans will have to pay their Federal, Sate and local tax obligation. http://www.liquorsnob.com/archives/2009/05/

  13. What percentage of your income is taxed?? $ 837- $5,100- $20,600- $48,118- $123,304- $123,304 and above

  14. BUT, IS THAT REALLY A LOT CONSIDERING THE PERCENT OF PEOPLE THAT PAY INCOME TAXES? Government collects about 1.08 trillion dollars each year from income taxes.

  15. The Problems that led to the Amendment • The main problem was that the income tax law was a direct tax but it was not based on the census even though in the original Constitution, it said that any direct tax had to be based on the census. (Population) http://www.nj.com/njvoices/index.ssf/2009/01/18-week/

  16. How Important is the 16th Today? ON A SCALE FROM 1-10, IT THINK THAT THE 16TH AMENDMENT WOULD A 8 TO A 9.

  17. BIBLIOGRAPHY Meade, Janet A. "16th Amendment Article "WorldBook Online. N.p.,      2011. Web. 9 Feb. 2011. <http://www.worldbookonline.com/student/ article?id=ar548440&st=16th+amendment#>. Skousen, W. Cleon. "Nayional Retail Sales." History of the 16th Amendement. N.p., n.d. Web. 10 Feb. 2011. <http://www.salestax.org/library/      skousen_16history.html>. Slemrod, Joel. "World Book online Taxation." World Book Online. N.p., n.d. Web.      9 Feb. 2011. <http://www.worldbookonline.com/student/ article?id=ar274060&st=16th+amendment>. tax bracets. N.p., n.d. Web. 16 Feb. 2011. <http://www.moneychimp.com/      features/tax_brackets.htm>. "U.S Constitution Online." Notes in the Amendments. N.p., n.d. Web. 12 Feb.      2011. <http://www.usconstitution.net/constamnotes.html>.

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