
“Before alcohol could be prohibited, the temperance society knew it had to address the tax issue. Alcohol tax generated 40% of the government’s budget and that was the ‘Drys’ biggest challenge — replace the alcohol revenue. The 16th amendment created the federal income tax in 1913 and that was the first step to changing the revenue stream for the government. So you can thank the tee totalers for the income tax we have today. Income taxes far surpassed the liquor taxes and so the road became clear to pass a prohibition against alcohol manufacture and sales. In 1919, the 18th Amendment or ‘Prohibition’ was passed.”
http://www.thestreet.com/print/story/12626708.html
Related posts:
ECB Said to Expand Covered Bond Purchases From Spain to Germany
Lawsuit against police over Radio Shack strip search settled
Microsoft Admits Windows 10 Automatic Spying Cannot Be Stopped
Antarctica once covered in palm trees, scientists discover
Debt crisis: France puts brakes on austerity
‘Die Hard’ director John McTiernan faces jail within weeks for illegal wiretap, lying
San Mateo County deputy accused of child sex abuse
The concept of delusions gets a big — but unnoticed — overhaul
How the Air Force blew $1 billion on a dud system [2012]
Woman scams metal buyers out of thousands with fake silver bars
'Over 130 children die each day' in US-backed blockade of Yemen
Needy EU Nations Woo Chinese Home Buyers to Ease Slump
Bitcoin Crime Risk Sparks Warning at Top Nordic Forex Bank
Robber tries 3 police stations before turning himself in
Spying fears highlight worth of Swiss data centres