As someone once remarked, everyone is born again – on a Monday. And today it’s Abraham Lincoln’s turn.

I have purposely entitled this blogpost in the singular, as George Washington plays no part in an income tax discussion. And Tax Court and IRS are both closed today.

But Father Abraham is certainly in some sort the founder of our feast. Remember, he was the father of the 3% tax on gross income, enacted in 1861.

For a quick rundown on that iteration, see my blog post “A Rant – Part Deux”, 4/3/13.

Though Congress repealed that statute ten years later, the memory lingered on.

So we live, move and have our being in the tax world because of President Lincoln. Happy President’s Day.