The Federal Reserve, the Income Tax and the insane World War I (family feud between European monarchs) were total disasters—yet Woodrow Wilson is gonna get canceled because he was a vicious racist...
“The Federal Reserve, the Income Tax and the insane World War I were total disasters—yet Woodrow Wilson is gonna get canceled because he was a vicious racist...”
Poor old Woodrow Wilson gets blamed for so much.
Probably due to dunces like Glenn Beck and Dinesh d’Souza and their shoddy “histories”.
The Income Tax required an amendment to the Constitution. Lincoln’s attempt to impose the first US income tax was struck down.
The second President to call for an income tax was none other than Teddy Roosevelt. Congress passed the 16th Amendment in 1909 when either Roosevelt or Taft was President and ratified in February 1913 a month before Wilson took office.
The Federal Reserve was another product of the Teddy Roosevelt-William Taft years.
The National Monetary Commission was created by Congress in 1908, the enabling law, written by Republicans Nelson Aldritch and Edward Vreeland, was signed by Teddy Roosevelt. Its purpose was to propose reforms to the American banking and monetary system, which it did. Woodrow Wilson actually campaigned against creating a central bank but did sign the bill.
World War One was one the rare instances where Congress used their authority and declared war.
The declaration of war passed in the House by 373 to 50, and in the Senate by 82 to 6.