Monday, February 25, 2019
Lawrence Zelenak (Duke) presents Figuring Out the Tax: Cordell Hull’s Legacy and Changes to the Federal Income Tax Over Time at Cumberland today at its 2019 Cordell Hull Speaker's Forum:
While many of you may be aware that Cumberland School of Law alumnus, Cordell Hull, is known as the Father of the United Nations, you may not know that he was also the “Father of the Federal Income Tax.” Attendees seeking one hour of CLE credit will enjoy access to the first chapter of Zelenak’s recently released book, Figuring Out the Tax: Congress, Treasury, and the Design of the Early Modern Income Tax (Cambridge University Press 2018) [reviewed by Charlotte Crane (Northwestern) here].
The publisher's description of Figuring Out the Tax:
Figuring Out the Tax recounts the forgotten early development of the federal income tax in the US, resulting from the interplay between Congress and the Treasury Department in the decades following the enactment of the tax in 1913. It covers a wide range of topics including the income tax treatments of marriage, capital losses, charitable contributions and homeownership, as well as the rise, demise and resurrection of income tax withholding. Lawrence Zelenak deftly illustrates how the income tax achieved its current form through a range of stories which are new to tax history scholarship and involve some remarkable personalities and surprising plot twists. Although of particular interest to tax academics and professionals, this book will also serve as a useful introduction to the development of income tax for undergraduate students and law students.
- Recounts important developments in the early history of the income tax utilising new material which is not covered in existing tax history scholarship
- Adopts a chronological narrative approach, making for an entertaining read
- Does not assume any particular background in income tax law and will be accessible to a general readership with an interest in income tax