Thursday Video: Spending for the Axis or Saving for Taxes
June 26, 2008
This Donald Duck cartoon from 1943 (“The Spirit of ’43”) has a message: work hard for the war effort, and use your money for income taxes and not for personal consumption. Takeaway line: “[E]very American should pay his or her income tax, gladly and proudly. This year, thanks to Hitler and Hirohito, taxes are higher than ever before.”
Check out the history of federal income tax rates here, including 1943 when rates ranged from 19 percent to 88 percent (they would increase to 23 to 94 percent in 1944).
Was this page helpful to you?
The Tax Foundation works hard to provide insightful tax policy analysis. Our work depends on support from members of the public like you. Would you consider contributing to our work?Contribute to the Tax Foundation
Let us know how we can better serve you!
We work hard to make our analysis as useful as possible. Would you consider telling us more about how we can do better?Give Us Feedback