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To: Homer_J_Simpson

Great stuff again....I actually understand most of the 20 questions & could make some “educated” guesses on a lot of them.

In addition, interesting article on “income taxes.” The article verified one of my guesses.

Also found out that the fiscal year ended on June 30th back then....I wonder what triggered the change to the current Sept 30?


7 posted on 03/09/2011 5:51:34 AM PST by texanyankee
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To: texanyankee

The start of the Federal fiscal year was moved to October 1 in 1976 as it was taking longer and longer for Congress to pass a budget. There was a Transitional Quarter July 1-September 30 1976.


10 posted on 03/09/2011 10:29:32 AM PST by iowamark
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