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When taxes 1st hit the middle class

from CNNMoney

It was 1940, and war was enveloping Europe. In Washington, D.C., defense costs were beginning their steep spiral into the stratosphere. In the first six months of the year, as German armies swept across northern Europe, President Franklin D. Roosevelt sent Congress a series of military spending requests, each bigger than the last. On May 16, the president asked for $1.2 billion; on May 30, he asked for another $1.3 billion. more


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