“Originally, the sole objective of the federal government in taxing income was to generate financing for government expenditures.

“Originally, the sole objective of the federal government in taxing income was to generate financing for government expenditures.

“Originally, the sole objective of the federal government in taxing income was to generate financing for government expenditures. Although this purpose continues to be important, social and economic objectives have been added.” Substantiate the statement with enough explanations. Tutoria