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09/06/1943 U.S. adopts pay-as-you-go income tax

4:41

Weekly Address: Pay As You Go

1:00

What’s Taxing About Taxes? - History of U.S. Federal Income Tax

2:31

Where Does the Federal Government Get All That Money?

Withholding of income, Social Security, and Medicare taxes are required in the United States. The plan was developed by Beardsley Ruml, Bernard Baruch, and Milton Friedman in 1942. The government forgave taxes for the year 1941 and started withholding from paychecks. In addition, certain states impose other levies required to be withheld.
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