THE TWO INCOME TAXES

       Yes, there are two separate and distinct taxes based upon the word income , one being direct the other indirect . The trouble we have today in understanding our current income tax system may well be related to the error committed by the Supreme Court in 1895. In that decision the Supreme Court had difficulty distinguishing between the two different meanings of income . Want to learn more click here
 

Click on the graph below to learn about each change.
These changes are explained in detail here.
Information about the social security acts! Information on the internal revenue code of 1954 Information on the 1944 ind. income tax act. Information about the revenue act of 1944 Information about the Victory Tax Act of 1942 The revenue act of 1941 Revenue Act of 1940 Revenue acts Information about the social security acts! Internal revenue code of 1939 Information on the internal revenue code of 1954