Friday, April 20, 2012

History of Income Tax in the United States


The story of how the United States wound up with the income tax is the story of two wars, a Supreme Court justice on his death bed, and Donald Duck. It’s also the story of how the government overcame three obstacles. Obstacle No. 1 was Logistics — How do you make sure people pay? Obstacle No. 2 was The Constitution — In the 19th century, the income tax fell almost exclusively on the rich who, as it turns out, had some pretty good lawyers.

Obstacle No. 3 was The Love — Until World War II, the income tax was levied only on the rich. But wartime spending meant the government needed money, and ordinary folks are now asked to pay. The government needed Donald Duck. In a movie from 1943, Donald Duck marches around his house, listening to the radio and filling out his tax form. Occupation: actor. Dependents: three (Huey, Dewey and Louie). This wartime patriotic motivation campaign worked. Maybe we didn't love the income tax. But we paid it. [Copyright 2012 National Public Radio]

To learn more, read the NPR news story called “FromAbe Lincoln To Donald Duck: History Of The Income Tax” dated March 22, 2012.

Saturday, April 14, 2012

Titanic Tragedy Remembered - 1912-2012



April 14, 2012, marks the centennial since the HMS Titanic hit an iceberg and sank in the Atlantic Ocean. Everything about the Titanic and its journey was big. Its biggest promise — one few stopped to question — was that it was an unsinkable ship.

On April 10, 1912, the Titanic left Southampton, England, to travel west across the Atlantic Ocean and reach New York City on the other side. It carried 2,435 passengers and 892 crew members. But arrogance on the part of the White Star Line and lax maritime safety regulations of the time, ensured most on board never reached the US. To add deck space, designers of the ship had a second row of lifeboats removed. That left only 20 lifeboats — not nearly enough for all who were on board.

When the ship struck an iceberg 600 kilometres off the coast of Newfoundland and sank, its once awe-inspiring size and capacity became a hindrance. Women, children and some men were ushered into lifeboats that had no hope of holding every person on the ship. More than 1,700 people were still on the Titanic when it broke apart and slipped into the frigid North Atlantic. Anyone who fell into the water would have died within minutes because of hypothermia.

When the news reached Europe and North America — that the mammoth unsinkable ship had indeed sunk — the headlines in newspaper were big too. An estimated 700 people survived but more than 1,500 died. Titanic photographs still haunt 100 years after disaster.

How did the Titanic sink? According to an article in the National Post, experts who have advised both National Geographic and the History Channel for their 100-year anniversary documentary programs offer their views. The following represents the best estimations science and history can currently make as to what happened in the moments immediately before and after the Titanic disappeared beneath the surface.



As the world remembers the tragedy of the Titanic, CBC News looks back at some of the stories and legends of the doomed ocean liner. From the ship's comforts and luxuries to the personalities on board, there is no shortage of anecdotes and details about the Titanic. The Maritime Museum of the Atlantic in Halifax, Nova Scotia, has a permanent connection to the sinking of Titanic. In commemoration of the 100th anniversary, visitors can see many exhibits, programs and special events.

Monday, March 26, 2012

The Canadian CA Logo - 1991 to 2011


In 1991, the Chartered Accountants of Canada introduced a new CA logo to present “A Bold New Image...with a Focus on the Future” aimed at creating a new visual identity for Chartered Accountants (CAs) across Canada. According to the Announcement Brochure: “Symbolizing the unity of our profession across the country, the new image provides a strong foundation for clear, consistent communication.” and “The new identity reflects the pride we feel regarding our history of success, and the enthusiasm with which we face our future as Chartered Accountants in Canada.”



The announcement states: “This new design will be used by all the provincial institutes as well as by The Canadian Institute of Chartered Accountants. This consistency of application will help to communicate the strength, stability and endurability of a cohesive, national profession. The identity derives exceptional strength from the clean simplicity of its design. It incorporates the letters “CA” into the visual symbol of a building block or cornerstone to further reinforce the concepts of strength and unity.” The announcement also states that: “The timelessness of the classic design reflects our long-standing tradition of quality. A tradition which reaches back through more than 100 years of history and will reach forward into our future.” (To view and read the announcement, click on the images.)

This new CA logo received a certificate of merit in the corporate identity category at the First Annual Design Effectiveness Awards in 1992 (see the article “CA Logo Wins Recognition on page 8 of the August 1992 issue of CA Magazine). The logo served the CA profession for about 16 years, until 2007, when a dynamic and modern redesigned logo was unveiled (refer to Canada’s CAs symbolized by new logo, posted on May 4, 2011).


Monday, March 19, 2012

Encyclopaedia Britannica ends print edition after 244 years



The 32-volume Encyclopaedia Britannica has been discontinued. The first edition, a three-volume set, was printed in Edinburgh, Scotland, in 1768. Now, after 244 years in print, the encyclopedia will live on and grow in the myriad digital forms which have been popular with millions for years. In announcing the end of the print set, on March 14, 2012, the company stressed the wide diversity of its product line today, which includes not just reference works but curriculum and learning solutions used in schools around the world.

The Encyclopaedia Britannica began exploring digital publishing in the 1970s, and created its first digital version, likely the first digital encyclopedia ever, for LexisNexis users in 1981. That lengthy history of online information may come as a surprise to many. As the company switches off the presses, it faces new forms of competition, notably Wikipedia, which also contains a history of the company dating from 1768 to the present.


For more information, watch the YouTube videos “Totally Digital: The Encyclopaedia Britannica Now” and “End of an era for Encyclopedia Britannica video - CNET TV.” Also, see the FoxNews article “After 244 years, Encyclopaedia Britannica ends sale of print edition” and read the Vancouver Sun article “Stop the presses: Encyclopaedia Britannica ends its print publication