The US Congress writes the countrie tax code (law) ….
The Internal Revenue Service collects to money for the US Treasury…
Tax Day falls on April 18, 2017. That’s the deadline for filing taxes on income earned in 2016. Usually, April 15 is the day taxes are due, but in 2017, that falls on a Saturday. And on Monday, the District of Columbia celebrates Emancipation Day, which is normally April 16, but that’s a Sunday. Emancipation Day affects taxes the same way federal holidays do. Therefore, the tax deadline is pushed out to the following Tuesday, April 18, giving taxpayers three extra days to file their returns.
Originally, back in 1913, the deadline was March 1. That’s when Congress passed the 16th Amendment, creating the income tax on February 3, 1913. It taxed incomes above $4,000. Industrialists opposed it. Prior to that, the federal government derived its revenue from tariffs on imports and exports. That hurt the middle class the most since they spend more of their income on these day-to-day necessities. It also taxed cigarettes and alcohol heavily. In fact, it received 90 percent of its revenue from those two taxes alone. (Source: “History of the Internal Revenue Service,” IRS.)
Congress created the income tax because it wanted to tax everyone more fairly. It had tried a national income tax in 1894. But it was unconstitutional because all federal taxes were based on state population at that time. The only solution was to amend the Constitution, and the 16th Amendment did just that. Congress gave everyone a year plus six weeks as the first deadline…..
You can get an extension.…Share on Facebook