Although the pink-slip provision died quickly, its passage and repeal remain relevant for anyone interested in the media, politics, the New Deal, income taxation, or simply a good tale.
The story of the pink-slip repeal contradicts a common criticism of the income tax--that it leads to a tyranny of the minority who "soak the rich.
Although many commentators initially believed that repeal was impossible, by 1935, the pink-slip law was abolished before it even went fully into effect.
Congressional opposition to income-tax publicity during the debate over the pink-slip provision echoed earlier anti-publicity arguments.
Whatever the reason, the resultant lack of attention may actually have facilitated the pink-slip provision's passage.
First, he sent Secretary of the Treasury Henry Morgenthau a petition from the Sentinels requesting that the pink-slip provision be repealed.
With tax returns due in less than two months, Pitcairn needed to quickly create a groundswell of popular support that would pressure Congress to repeal the pink-slip provision.
95) But in 1935, the pink-slip campaign brandished the menace far-more forcefully and in a far-more-receptive atmosphere.
Although the pink-slip provision applied to all types of taxpayers, congressional opponents of publicity--like Pitcairn--focused on individuals, especially individuals with "small" incomes.
This did not occur, and the pink-slip provision was repealed less than one year after its passage.
116) In March, just after the House passed the bill repealing the pink-slip provision, Morgenthau again repeated that the Treasury was strictly neutral (117)--despite what others were saying.
On June 19, 1935, shortly after repeal of the pink-slip provision, Roosevelt sent Congress a message proposing tax policies intended to decrease "an unjust concentration of wealth and economic power.
124) He signed the bill abolishing the pink-slip provision on April 30.