Tax Day
As Ben Franklin once said, "nothing is certain but death and taxes." Today is the last day in the U.S. that tax returns can be postmarked to the federal and state governments. Tax Day has been April 15 since 1955, but it has been in existence since the Revenue Act of 1861.
Federal income tax was introduced in order to help fund the Civil War. There have been various cases heard in the Supreme Court that have challenged income taxes and the rates that people were faced with. In 19
13, the Sixteenth Amendment to the U.S. Constitution gave Congress the legal authority to tax all incomes without regard to the apportionment requirement.
In 2009, more than a million American taxpayers protested high taxes at rallies in all 50 states, calling them "Tax Day Tea Parties." This movement started with bloggers in Seattle, Washington and quickly spread throughout the U.S. in a "rant heard round the world" as CNBC talker Rick Santelli called it. Whether or not these protests influence government spending and tax rates in the United States, you still have to pay your taxes today so don't forget to put it in the mail!
Today is also National Glazed Spiral Ham Day
April is National Grilled Cheese Month
"Images and text courtesy of MyPunchbowl.com" -- http://www.mypunchbowl.com/
On this day in History:
1850 - The city of San Francisco was incorporated.
1892 - The General Electric Company was organized.
1947 - Jackie Robinson played his first major league baseball game for the Brooklyn Dodgers. Previously he had only appeared in exhibition games.
1952 - The first B-52 prototype was flight-tested.
1955 - Ray Kroc started the McDonald's restaurant chain.
Quote of the Day:
"We are each responsible for our own life - no other person is or even can be."
- Oprah Winfrey
Quick Tip:
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