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.orgEditor's note · Context
This quote illustrates the significant income tax collected in a single year, highlighting the scale of taxation during Blaine's era.
Share
More from James Blaine
Emboldened by the support of the National Administration, the Southern leaders believed that they could carry their designs through, and, instead of being restrained by the protest or the advice of Republicans, they chose with apparent…
Their convention did more to popularize the Fourteenth Amendment as a political issue than any other instrumentality of the year.
I believe that if it should pass it will receive the sanction of nineteen-twentieths of the loyal people of the country.
In turn, the course of the National Administration would certainly be influenced, and its fate in large degree determined, by the conduct of the Southern men, in whom the President was placing unbounded trust.
Other voices in this conversation
