Podcasts · Boring History for Sleep
America Had No Income Tax Until 1913 🇺🇸💰 | How Did the Government Survive Without It? | Boring History for Sleep
· 3 h 16 min
Episode America Had No Income Tax Until 1913 🇺🇸💰 | How Did the Government Survive Without It? | Boring History for Sleep
For most of American history, the federal government had no permanent income tax. So how did the United States pay for armies, roads, public programs, wars, and the growing machinery of government? The answer lies in a fascinating system of tariffs, taxes on goods, land sales, government fees, borrowing, and other sources of revenue.
Tonight, we travel back to the early United States to discover how the government raised money before the income tax became a permanent part of American life in 1913. A calm journey through tariffs, financial crises, wars, presidents, and the surprising history of how America paid its bills.
Boring History for Sleep — Soft stories about the money behind history.
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