Populist Ambivalence to Tax Evasion

Recommend Faculti to your resource manager

In 1962, President John F. Kennedy proposed withholding to combat tax evasion from the non-reporting of more than $3 billion in dividends and interest on individual income tax returns. Kennedy’s withholding proposal encountered an enormous wave of public opposition and was ultimately rejected. Steven Bank discusses why dividend and interest withholding generate such populist outrage.

Image courtesy of interviewee

Read the Study
Log-in or Sign-up to Faculti
Currently viewing this subject insight as a guest. You have insight(s) remaining for this month.

Leave a Reply

Your email address will not be published.

Copyright © Faculti Media Limited 2013 - 2024. All rights reserved.