Today I Found Out

Why are Taxes Due on April 15th? (And Tarring and Feathering Tax Collectors) (2020x65)

: 24, 2020

Check out Business Blaze: https://www.youtube.com/channel/UCYY5GWf7MHFJ6DZeHreoXgw As Ben Franklin wrote in a 1789 letter to Baptiste Leroy, “… in this world nothing can be said to be certain, except death and taxes.” Depending on your belief in vampires, this is most certainly true. But did you know that income taxes in the United States didn’t exist until 1861? In fact, it wasn’t until 1913 when the income tax became the official law of the land. In the video today, we're looking at the origin of the U.S. Income tax system as well as why it's due on April 15th, that time people used to tar and feather tax collectors, and in the Bonus Facts what really happens when a person is tarred and feathered.