The Great Depression and World War II transformed how Americans experienced public finance. During the New Deal, the federal government took on larger responsibilities for relief, recovery, and social insurance. The Social Security Act of 1935 introduced payroll taxes tied to future benefits. Then World War II broadened the income tax and normalized withholding, moving the country much closer to the mass federal tax system Americans know today.
Great Depression and World War II Era
Apr 23, 2026




