16th amendment.
Storyboard Text
- Its purpose was to simplify the tax code, broaden the tax base, and eliminate many tax shelters and preferences.
- Why was the 16th Amendment was created?
- by making it possible to enact a modern, nationwide income tax.
- The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.
- What does the 16th Amendment deal with?
- What problems did the 16th Amendment solve?
- President William Howard Taft, in an address to the Sixty-first Congress, proposed a two percent federal income tax on corporations by way of an excise tax and a constitutional amendment to allow the previously enacted income tax.
- Who helped pass the 16th Amendment?
- he states of Delaware, Wyoming, and New Mexico approved the 16th Amendment to the U.S. Constitution, ratifying it into law.
- Where was the 16th Amendment ratified?
- it helped rebuild the financial aspect of the nation after the devastating losses of the Civil War and Reconstruction period.
- How did the 16th amendment affect the Progressive Era?
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