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Bank on Uncle Sam.


For the 2004 tax season, Uncle Sam Uncle Sam, name used to designate the U.S. government. The term arose in the War of 1812 and seems at first to have been used derisively by those opposed to the war. Possibly it was an expansion of the letters "U.S." on uniforms and government property, but some sources attribute the origin of the term to Samuel Wilson (1766–1854) of Troy, N.Y. Wilson, whose nickname was Uncle Sam, was an inspector of army supplies. The "U.S. directly deposited 35.9 million income tax refunds into individual accounts, a 10% increase from 32.6 million in 2003.
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Title Annotation:Tax Matters
Publication:Journal of Accountancy
Date:Nov 1, 2004
Words:27
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