On the record
The amount paid on incomes for a single year reached seventy-three millions of dollars, the leading merchant of New York paying in one check a tax of four hundred thousand dollars on an income of four millions.
Source
gutenberg.orgJames Blaine: “The amount paid on incomes for a single year reached seventy-three millions of dollars, the leading merchant of New York…”
Editor's note · Context
This quote illustrates the significant income tax collected in a single year, highlighting the scale of taxation during Blaine's era.
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If it be true that war cannot be declared, nor a system of general hostilities carried on by the Central Government against a State, then it seems to follow that an attempt to do so would be ipso facto an expulsion of such State from the…
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