How the Income Tax Created the Modern Fiscal State
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Feb. 26 (Bloomberg) -- One hundred years ago this week,U.S. Secretary of State Philander C. Knox presided over animportant step in the creation of the modern federal income tax.
By applying the Great Seal of the United States to the 16thAmendment to the Constitution, Knox certified that the requisitenumber of states had provided Congress with the “power to layand collect taxes on incomes from whatever source derived,without apportionment among the several States and withoutregard to any census or enumeration.”