August 30. FDR's Wealth Tax enacted in 1935.

Mighty-Dollar-Cigar-Box-Label.jpg

August 30, 1935.  President Franklin Roosevelt signs Wealth Tax into law , increasing taxes on the richest Americans.

Cigar box label from five decades earlier celebrating the pursuit of money.

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August 30. Ted Williams is born in 1918.

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August 29. Billy Cox is born in 1919.