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Tax Day with the 77's Event Cache

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shortcircuit77: Bye for now. See you next year.

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Hidden : Monday, April 15, 2024
Difficulty:
1 out of 5
Terrain:
1 out of 5

Size: Size:   other (other)

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Geocache Description:

15 April 2024, 09:00 - 10:00

In the United States, Tax Day is the day on which individual income tax returns are due to be submitted to the federal government.  Since 1955, Tax Day has typically fallen on or just after April 15. Tax Day was first introduced in 1913, when the Sixteenth Amendment was ratified.

Federal income tax was briefly introduced with the Revenue Act of 1861 to help fund the Civil War, and subsequently repealed, re-adopted, and held unconstitutional. The early taxes were based on assessments, not voluntary tax returns. Tax payment dates varied by act.

The case of Pollock v. Farmers' Loan & Trust Co. challenged the constitutionality of the Wilson–Gorman Tariff Act of 1894, which taxed incomes over $4,000 at the rate of two percent. The case was decided by the United States Supreme Court in 1895. The Supreme Court decided that the Act's unapportioned income taxes on interest, dividends, and rents were effectively direct taxes. The Act was therefore unconstitutional because it violated the Constitution's rule that direct taxes be apportioned among the states.  In 1913, eighteen years later, the Sixteenth Amendment to the United States Constitution was ratified. This Amendment gave the United States Congress the legal authority to tax all incomes without regard to the apportionment requirement.

Join us at McDonalds, 2750  W 104th Ave, Federal Heights, CO, from 9AM to 10AM, Monday, April 15,  for coffee, breakfast,  laughter, and geocaching camaraderie.  Small TBs for discovery or moving on are always welcome.  McDonalds sells food and beverages for your consumption, but purchase is not required to attend. Come on out, we love to see new cachers and seasoned cachers.  All are welcome.  Kids playground area is open.

 

 

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