There's
one for you, nineteen for me
'Cause
I'm the taxman, yeah, I'm the taxman.”—George Harrison, “Taxman,” from the
Beatles’ Revolver LP (1966)
This
post represents a holy grail for a blogger—a
twofer! "Taxman" was not George Harrison’s
best song, nor even his first recorded one (that would be “Don’t Bother Me,”
which, come to think of it, might have served as an equally good title for this
one). But it did serve notice that the “quiet one” of the Beatles had a sly
sense of humor.
The
Beatles’ great lead guitarist—and, as fans (and even principal songsmiths John
and Paul) learned, their secret songwriting talent—and the youngest of the Fab
Four would have turned 70 today.
(One irony of this song: While George wrote the song, Paul played the lead-guitar solo. An interesting change of roles, no?)
Okay,
here’s the second part of the twofer I just referred to: it’s also the
centennial of the Sixteenth Amendment to the U.S. Constitution—one of four passed during the Progressive Era, with
this one instituting a federal tax on incomes. It was pushed originally as a
matter of social equity by farmers and others who had suffered
disproportionately from the federal government’s principal means of raising
revenues to that time: the tariff. As Jay Starkman noted in a Wall Street Journal piece a few weeks ago, only one-third of the U.S. population
earned enough to be subject to the income tax before WWII. Matters have changed
utterly since then, of course, with seven out of 10 Americans now subject to
the tax—and the long shadow of the IRS.
The
situation was even worse in the U.K. when the Beatles shot to fame. As Harrison
recalled it nearly three decades later for the Beatles’ Anthology retrospective: “In those days we paid 19 shillings and
sixpence [96p] out of every pound, and with supertax and surtax and tax-tax it
was ridiculous - a heavy penalty to pay for making money. That was a big
turn-off for Britain. Anybody who ever made any money moved to America or
somewhere else.”
Somebody
should replay Harrison’s comments—and his song—for the benefit of The New York Times, which published
James B. Stewart’s “The Myth of the Rich Who Flee From Taxes.” I’m as populist as the next guy, but the experience
of Harrison, the Rolling Stones, Gerard Depardieu, and Phil Mickelson (and a
whole swath of the PGA, who’ve moved en masse to tax-friendly Florida)
constitutes far more than “anecdotal evidence” in support of the “myth.”
(The photo accompanying this post is a cropped version of a UPI image of Harrison, as the Beatles arrived in New York in 1964.)
(The photo accompanying this post is a cropped version of a UPI image of Harrison, as the Beatles arrived in New York in 1964.)
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