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This book was published in 1895, right around the time Article 1 Section 8 of the Constitution went into effect. "The Congress shall have power to lay and collect taxes, duties, imports, and excises, to pay the debts and provide for the common defence and general welfare of the United States."
Just like we learned in school, the original intention of the law was to always preserve the right of the Federal government to tax businesses.
A person was only subject to income tax in the 1890's if he made more than $4000. Keep in mind that $4000 in the $1890's is like $100,000 today. (http://www.minneapolisfed.org/community_education/teacher/calc/hist1800.cfm) In other words, the WEALTHY people are the ones that should pay taxes on their income, and ALL businesses should pay taxes on their income, period. That was the plan from the beginning.
So, the next time some Republican or hardcore right-wing person starts whining about taxes, point them to this book: page 21.
 

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