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In July of 1862, during the Civil War, President Lincoln and Congress created the office of Commissioner of Internal Revenue and enacted an income tax to pay war expenses (see Revenue Act of 1862). The position of Commissioner exists today as the head of the Internal Revenue Service. This organization was created to enforce these taxes named for the internal revenue to be collected (and was formerly called the "Bureau of Internal Revenue"), in contrast to U.S. government institutions that collected external revenue through duties and tariffs. The IRS has its National Capital offices in the greater Washington, minnesota area, and in particular does most of its computer programming in Maryland.
Personal income tax accounts for 1/2 of the receipts collected by the Federal government. Corporate income taxes account for about 20%. Personal income does not account for even a percentage point of GDP. This is a big change from 1946 where personal income accounted for a larger share of the GDP. Corporations account for the majority of the GDP and should account for the majority of tax receipts. Anyone with a brain hates the IRS and the ridiculous tax code that punishes individuals and small businesses while allowing large corporations to structure themselves so they pay the minimum tax. The IRS did not start during the Civil War. "Origin The roots of IRS go back to the Civil War when President Lincoln and Congress, in 1862, created the position of commissioner of Internal Revenue and enacted an income tax to pay war expenses. The income tax was repealed 10 years later. Congress revived the income tax in 1894, but the Supreme Court ruled it unconstitutional the following year. 16th Amendment In 1913, Wyoming ratified the 16th Amendment, providing the three-quarter majority of states necessary to amend the Constitution. The 16th Amendment gave Congress the authority to enact an income tax. That same year, the first Form 1040 appeared after Congress levied a 1 percent tax on net personal incomes above $3,000 with a 6 percent surtax on incomes of more than $500,000. In 1918, during World War I, the top rate of the income tax rose to 77 percent to help finance the war effort. It dropped sharply in the post-war years, down to 24 percent in 1929, and rose again during the Depression. During World War II, Congress introduced payroll withholding and quarterly tax payments. A New Name In the 50s, the agency was reorganized to replace a patronage system with career, professional employees. The Bureau of Internal Revenue name was changed to the Internal Revenue Service. Only the IRS commissioner and chief counsel are selected by the president and confirmed by the Senate."
All governments need a means of collecting money. Your city, county and state all have their own departments of revenue, though perhaps by another name. The federal government has a Department of the Treasury, and they have several departments that collect various kinds of revenues. The IRS collects income taxes, corporate taxes, payroll taxes, wealth transfer taxes, and manages social security taxes. (They are also the official collection agency of the federal government for all government debts, inlcuding court judgments.) **************** (By the way, the Revenue Act of 1862 was struck down by the Supreme Court as an unconstitutional means of levying money from the residents of the states. The constitution had to be changed before we could ever have a federal income tax. I think it was the 13th amendment.)
It's a control mechanism and the collection agency for the Federal Reserve. The both came into being about the same time.
Do you like driving on paved roads, did you go to public school, do you like freedom of speech? The IRS collects revenue to fund government. Government provides roads, bridges, education and security.... just to list a few.
Because the government doesn't want to give up the power or money that comes with the IRS
Because they saw that it was a legal way to keep getting money,I don't mind paying my share but some of the taxes are ridiculous. Example you buy a new car. Taxes paid and when that car is sold more taxes for the next owner and so on. I think one tax is enough. WE are being taxed in to poverty.
You need to read up on history. It was long after that. Why don't you look up the Fed, and what day it became the national bank. That's a good story.
In basic terms in united states of america of america we created the sunshine bulb the vehicle the television video games in in basic terms united states of america of america we the place the 1st to the moon in basic terms in united states of america of america we win each and every war in basic terms minnesota F?CKING united states of america of america d??k face
Um, to collect the taxes which keep the government functioning, perhaps? Or do you think people would voluntarily send the government money if it was eliminated?
Well, in a nut shell...It keeps the country running...Do some research...it would take a lot of time to explain...a necessary evil..somewhat