How Milton Friedman Helped Invent Income Tax Withholding

In one of the great ironies, the great economist Milton Friedman–known for his pro-market, limited government views–helped to invent government withholding of income tax. It happened early in his career, when he was working for the U.S. government during World War II. Of course, the IRS opposed the idea at the time as impractical. Friedman … Read more How Milton Friedman Helped Invent Income Tax Withholding