Events that shaped a century: people, politics and policies behind the JofA's pages.

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Events that shaped a century: people, politics and policies behind the JofA's pages.

The timeline on pages 43 to 72 offers a quick overview of important developments that occurred during the JofA's first 100 years. Here's a closer look at some of those events and the people behind them.

The Revenue Act of 1909 and ratification of the Sixteenth Amendment in 1913. The 1909 law, the first of its kind, imposed a tax of 1% on all corporate income over $5,000. The Sixteenth Amendment, which superseded the 1909 act, added an individual income tax b...

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