tag:blogger.com,1999:blog-3758330678390419129.post7004633381652017525..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: How Milton Friedman Helped Invent Income Tax WithholdingRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3758330678390419129.post-82873124128043296722014-04-13T13:29:39.418-04:002014-04-13T13:29:39.418-04:00All the free market rhetoric aside, Milty still fo...All the free market rhetoric aside, Milty still found the absolute necessity of the State and was NO way an Austrian. Rothbard correctly tagged his economics as 'Keynesian Lite'. His withholding brainstorm was a horrendous and unforgivable sellout to State control.CopperHeadhttps://www.blogger.com/profile/02086228755056427075noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-41200072118313872272014-04-12T23:34:50.145-04:002014-04-12T23:34:50.145-04:00"One of the major opponents of the idea was t..."One of the major opponents of the idea was the IRS...This was something new, and they kept telling us how impossible it was. It was a very interesting and very challenging intellectual task. I played a significant role, no question about it, in introducing withholding."<br /><br />Yeah who would have thought that only somebody sufficiently interested and challenged like Milton could soWally Hilliardhttp://madcowprod.comnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-86983839806708058662014-04-12T22:13:12.409-04:002014-04-12T22:13:12.409-04:00Interesting comments by Milton. In fact, between 1...Interesting comments by Milton. In fact, between 1913 and 1939, before withholding was implemented, on average, less than 10% of working Americans files income tax forms, according to BLS and IRS data. Withholding changed that as American business was co-opted into false reporting of earnings as "taxable", when prior to WWII, they were not. The tax laws did not change, only the process Anonymousnoreply@blogger.com