ERWIN N. GRISWOLD
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During the period of the first world war, the maximum amount which was raised by taxes in any one year was $5,400,000, 000. Our present tax laws are yielding more than five times that amount, and the President's budget message for 1943 asks for additional taxes which will greatly increase the present total. Tax rates have necessarily gone steadily higher while exemptions have gone lower, and there are very few in the community now who do not feel directly the burden of federal tax collection.
The modern income tax dates from 1913, in which year the Sixteenth Amendment to the
GRISWOLD EN. THE DOCTOR'S FEDERAL TAXES*. Ann Intern Med. 1943;18:647–665. doi: https://doi.org/10.7326/0003-4819-18-4-647
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Published: Ann Intern Med. 1943;18(4):647-665.
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