Archive for April 15th, 2013

A SHORT HISTORY OF THE INCOME TAX

   Tax_Day

  tax-forms

According to early history of United States, the government was supported by
internal taxes on distilled spirits, carriages, refined sugar, tobacco and snuff,
property sold at auction, corporate bonds, and slaves. The high cost of the
War of 1812 brought about the nation’s first sales taxes on gold, silverware,
jewelry, and watches. In 1817, however, Congress did away with all internal
taxes, relying on tariffs on imported goods to provide sufficient funds for
running the government.

In 1862, in order to support the Civil War effort, Congress enacted the nation’s
first income tax law. It was a forerunner of our modern income tax.

The Act of 1862 established the office of Commissioner of Internal Revenue who
was given the power to assess, levy, and collect taxes, and the right to enforce
the tax laws through seizure of property and income and through prosecution.

posted by Bob Karm in ANNIVERSARY,CURRENT EVENTS,DEBUT,Fincncial,Government,HISTORY and have No Comments

SERVING TACOS SINCE 1962!

first taco bell
First Taco Bell located in Downey, California 

glen-bell-2
Taco Bell founder Glen Bell

glen bell today
Bell in 2010

Grand-opening-of-first-Taco-Bell 

On March 21, 1962, Glen Bell opened his first Taco Bell restaurant in Downey,
California. The fast food chain now serves more than 2 billion customers each
year in more than 5,800 restaurants in the U.S., more than 80 percent of which
are owned and operated by independent franchisees.

       tacobell dog

posted by Bob Karm in ANNIVERSARY,CURRENT EVENTS,DEBUT,Food/Drink,HISTORY,THEN AND NOW and have No Comments

ON THIS DAY IN HISTORY

ap teletype

sandy kozel 3
Sandy Kozel

TITANIC-newspapaer

titanic-sinking

posted by Bob Karm in Aquatic,Assassination,DEATH,Disaster,Government,HISTORY,MILITARY,POLITICAL,SPORTS and have No Comments

NUMBER-ONE ON THIS DAY IN 1967

somethin stupid 45

Frank_and_Nancy

The Nancy and Frank Sinatra duet "Somethin’ Stupid" was #1 on the singles 
chart. It was the first father and daughter act to hit the top.The record spent 
four weeks at #1 on the
Billboard Hot 100 chart and nine weeks atop the easy
listening (now adult contemporary) chart.

nancy sinatra today

Nancy Sandra Sinatra will turn 73 on June 8

posted by Bob Karm in ANNIVERSARY,Billboard #1,MUSIC,THEN AND NOW and have No Comments