Oh, the irony! Tax Day is also a legal anniversary of “Plop, plop, fizz, fizz…”

America’s federal income tax was first created by Congress in 1861, to help fund the Union Army during the Civil War. The original deadline set for paying the tax was June 30. In 1895, that first Federal income tax law was declared unconstitutional and overturned by the U.S. Supreme Court. This little legal problem was … Read more