On this day in 1943
The Federal government began the practice of withholding taxes directly from paychecks.
Federal Income tax had been around since it was introduced as a temporary measure to pay for the previous world war, but this was the day they began taking it directly from your paycheck before you ever saw it.
Federal Income tax had been around since it was introduced as a temporary measure to pay for the previous world war, but this was the day they began taking it directly from your paycheck before you ever saw it.