TY - JOUR
T1 - Lawyers, guns, and public moneys
T2 - The U.S. treasury, World War I, and the administration of the modern fiscal state
AU - Mehrotra, Ajay K.
PY - 2010/2
Y1 - 2010/2
N2 - World War I was a pivotal event for U.S. political and economic development, particularly in the realm of public finance. For it was during the war that the federal government ended its traditional reliance on regressive import duties and excise taxes as principal sources of revenue and began a modern era of fiscal governance, one based primarily on the direct and progressive taxation of personal and corporate income. The wartime tax regime, as the historian David M. Kennedy has observed, "occasioned a fiscal revolution in the United States."
AB - World War I was a pivotal event for U.S. political and economic development, particularly in the realm of public finance. For it was during the war that the federal government ended its traditional reliance on regressive import duties and excise taxes as principal sources of revenue and began a modern era of fiscal governance, one based primarily on the direct and progressive taxation of personal and corporate income. The wartime tax regime, as the historian David M. Kennedy has observed, "occasioned a fiscal revolution in the United States."
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UR - http://www.scopus.com/inward/citedby.url?scp=77953180683&partnerID=8YFLogxK
U2 - 10.1017/S0738248009990071
DO - 10.1017/S0738248009990071
M3 - Review article
AN - SCOPUS:77953180683
SN - 0738-2480
VL - 28
SP - 173
EP - 225
JO - Law and History Review
JF - Law and History Review
IS - 1
ER -
