|Detail from "The Rectangle" by Frank O. King, in Chicago Tribune, February 16, 1919|
|"The Coming Serenade" by Sidney Greene in New York Evening Telegram, ca. January, 1919|
Although tariffs were blamed for inflation, they had the benefit of being a hidden tax, collected a little at a time within the price of goods. The income tax, on the other hand, was initially collected all at once on March 15; payroll deduction wouldn't come around until World War II.
So kwitcherbitchin about how small your refund is this year. That refund is your interest-free loan to Uncle Sam. Your great-great-grandpa not only didn't get a refund, he had better have saved up enough throughout the year to satisfy IRS expectations.
|"Guess Who!" by Wm. C. Morris for George Matthew Adams Service, February, 1919|
|Form 1040 in 1916.|
Interest on the purchase of Liberty Bonds was also exempt, but interest paid on loans for the purchase of those bonds was not deductible. In all, federal tax law took up a few hundred pages, compared to over 72,000 pages nowadays.
|"Interment Public" by Cyrus Hungerford in Pittsburgh Sun, ca. March, 1919|
|"Swamped!" by Nelson Harding in Brooklyn Daily Eagle, March 18, 1919|
|Detail from "The Rectangle" by Frank O. King in Chicago Tribune, March 2, 1919|
Oh, heck, as long as we're back on the subject of Prohibition anyway, here's John McCutcheon anticipating a lot of folks making a run for the border once the United States' taps ran dry.
|"When the U.S. Goes Dry" by John McCutcheon in Chicago Tribune, March 10, 1919|