Posts Tagged ‘tax’

A Short Timeline of Tax Practices of the United States, Chapter 3

Raleigh NC CPA

W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
So the question remains, what happened with taxes in the United States?
US tax makers have been collecting what they have been sowing for a long time. The honor system has been trumped by a system in [...]

A Brief Timeline of Taxation of the USA, Section 2

Raleigh NC CPA

W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
1861 - After Lincoln was elected, the South walks out on Congress and form the Confederate States of America with a rewritten constitution to keep the newly formed country’s power to tax in check.
1862 - The [...]

A Short Timeline of Tax Practices of the US, Part 1

Raleigh NC CPA

W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
Between 1868 to 1913, about ninety percent of the federal government’s revenue was derived from tax on alcohol and tobacco. While the Civil War was going on the government instituted a short income tax, but it [...]

The Lesson in Taxation Practices, Part 9: Tax Law, the Slavery Issue, and the American Civil War

Raleigh NC Tax Preparation

W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
“Slavery - the one cause of the Civil War.” - John Stuart Mill, 1862
Can there be any doubt concerning it? Of course the American Civil War was about slavery… was it not? Well actually, one [...]

The Lesson in Tax Law, Chapter 8: Tax and The Boston Tea Party

Raleigh NC Tax Preparation

W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
Ah…. finally an event in history clearly about oppressive taxation. Was the Boston Tea Party a protest against the British tax on tea, as we were all taught? No, not one bit. The colonies had [...]

A History of Taxation Practices, Chapter Seven: Tax Law and The Revolution

Raleigh NC Accountant

W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
No modern revolution that was more solidly based in taxation. Taxation not only caused it, but assisted in providing unity for the unorganized and squabbling colonies. However, probably not precisely the way you might imagine. If [...]

The Lesson in Taxation Practices, Section 5: Tax Law and The Roman Empire

W. Marc Gilfillan

W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
Now that we are moving away from the Greeks, we finally come to the Romans. Scholars usually refer to Roman taxation as “more or less legal robbery” and Roman tax collectors as “a bunch of robbers.” [...]

A Brief Timeline of Tax Practices of the US, Part Two

Raleigh NC CPA

W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
1861 - After Lincoln was elected, southerners walk out on Congress and create the Confederate States of America with a rewritten constitution to sustain the newly formed government right to tax in check.
1862 - The first [...]

A Short Timeline of Tax Practices of the US, Part 3

Raleigh NC Tax Preparation

W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
So the question remains, what went wrong with taxes in the US?
US tax makers have been reaping what they have sown for a long time. Our honor system has been trumped by a system in [...]

The History of Tax Law, Part 4: Taxes and The Isle of Rhodes

W. Marc Gilfillan

W. Marc Gilfillan, CPA, NC, individual and business CPA and Tax expert, shares about the history of taxes…
The island of Rhodes: a linkage to Rome and Greece. All shipped goods from the east halted for restocking or to transfer cargo at Rhodes. The harbor of Rhodes, similar to all other harbors, had a [...]