What is ‘Uncle Sam’
A nickname dating back to 1812 used to refer to the U.S. government. The term is said to come from “Uncle Sam” Wilson, who provided barrels of beef to the U.S. Army during the War of 1812. The barrels were stamped “U.S.” to indicate that they were government property, but they came to be associated with Wilson’s nickname, and eventually “Uncle Sam” became a nickname for the U.S. government.
Explaining ‘Uncle Sam’
The most popular visual representation of Uncle Sam is a cartoon image drawn by James Montgomery Flagg in 1916 of a white-haired, bearded, Caucasian male dressed in a patriotic top hat and jacket for a U.S. Army recruitment poster with the words “I Want You.” The term is commonly used by financial writers, often in conjunction with discussions of income taxes.
Uncle Sam FAQ
What is taxable income and what is the formula for determining taxable income?
What is the formula for calculating taxable income?
Is your tax rate based on gross or net income?
What percentage does Uncle Sam take?
Can you claim allowances on the 2020 w4?
What does non taxable annual income mean?
How much is taken out of my paycheck in Ks?
- When Uncle Sam Introduced Main Street to Wall Street: Liberty Bonds and the Transformation of American Finance – www.nber.org [PDF]
- Uncle Sam rising: Performance implications of business-to-government relationships – journals.sagepub.com [PDF]
- The federal government's implied guarantee of Fannie Mae and Freddie Mac's obligations: Uncle Sam will pick up the tab – heinonline.org [PDF]
- An open letter to Uncle Sam: America, pray leave Somalia to its own devices – www.tandfonline.com [PDF]
- Ask for Help, Uncle Sam: The Future of Global Tax Reporting – heinonline.org [PDF]
- “Uncle Sam is to be sacrificed”: Anglophobia in late nineteenth-century politics and culture – www.tandfonline.com [PDF]