Sunday, October 06, 2013

Today -100: October 6, 1913: Of radium monopolies and tax loopholes

A company is being formed which will attempt to establish a world-wide monopoly over radium called European Radium, Limited. The Archduke Franz Ferdinand has something to do with it, which seems like the basis for a good conspiracy theory, sort of a post-steampunky thing.

Woodrow Wilson is exempt from the new income tax (as are federal court judges), because the Constitution forbids reducing their salaries. The tax will therefore only apply to future presidents and judges.

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