Federal corporate tax was created in 1909, income tax in 1913, and estate tax in 1916. By 1920, there were already calls for the tax code's simplification.
Simplify the Income Tax? -- Perhaps, But Not…
Federal corporate tax was created in 1909, income tax in 1913, and estate tax in 1916. By 1920, there were already calls for the tax code's simplification.