August 30. FDR's Wealth Tax enacted in 1935. New Arrivals Aug 29 Written By 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.
August 30. FDR's Wealth Tax enacted in 1935. New Arrivals Aug 29 Written By 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.