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November 27, 2022

History

Deloitte Has Calculated the Tangible and Intangible Value of the Roman Colosseum Because of Course They Did

Deloitte got their calculators out and put a dollar value on The Colosseum of Rome, the largest amphitheater built during the Roman Empire, the largest standing amphitheater in the world today, and top Italian tourist destination. Despite listening to Tiziano Ferro for 20 years, my Italian sucks so here’s Google’s translation of the newly released […]

a slice of pizza on a plate

Pizza Parties In Lieu of Compensation: A Comprehensive History

Have you attended a pizza party lately? Has your firm been trying to seduce you back into the office with the promise of under-seasoned jarred sauce and crust? Have you ever stared down a tiny tub of garlic butter sauce wondering wtf you’re doing with your life? Then this piece (heh) is for you. Wikipedia […]

#TBT: The Story of the First Female African-American CPA in the United States

From the Chicago Tribune: By all accounts, Mary T. Washington Wylie's search for perfection made her a tough, but kind, taskmaster. It also helped propel her into becoming the first African-American woman in the U.S. certified as a public accountant. And it helped the Chicago accounting company she founded to become one of the largest […]

Historian Claims Material Misstatement to Blame for Murderous Tyrant’s Terrible Reputation

OK so this is the Daily Mail so take that for what it's worth but what's this, now? Was William the Conquerer really just William the Materially Misstated? He is known as a terrifying warrior and ruthless monarch who conquered the Saxon kingdom of England. But William the Conqueror’s fearsome reputation as a murderous tyrant […]

Official: You Can Blame the South for the Income Tax

As you may have heard, 150 years ago today Confederate forces attacked Fort Sumter which began the Civil War. This war turned out to be a pretty big deal as the Union victory effectively ended slavery. But what you may not be aware of is that it also led to the first income tax in our fair land.

From our friend and tax maven-cum-historian Joe Kristan (who somehow has time to post with less than a week to go in tax season):

The consequences of the war, surely unintended by the operators of this gun, included the end of slavery, a horrific death toll, and the first Federal income tax. While the tax was repealed after the war, the idea stayed alive; the federal income tax came back in 1913, and is still with us. So while you struggle with your 1040, save a word of “thanks” for General P.G.T. Beauregard and the rest of the Confederates who attacked Ft. Sumter.

Funny thing – lots of people in the South manage to have no tax liability so aside from LOSING THE WAR the whole thing is probably NBD.