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.
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Simplify the Income Tax? -- Perhaps, But Not…
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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.