Uncle Sam
Definition of '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. |
|
Investopedia explains '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. |
Related Definitions
Articles Of Interest
-
Uncle Sam's Surprise: Unexpected Sources Of Taxable Income
When you get an unexpected check, don't be surprised when the tax man shows up to collect his share. -
Do Tax Cuts Stimulate The Economy?
Learn the logic behind the belief that reducing government income benefits everyone. -
Paying Uncle Sam: From Tobacco To $1 Trillion
The services we rely on, like education, law and security, were built on taxes. -
The U.S. National Spending And Debt
We are looking at what could be the official year of the Federal Budget, or, more specifically, our debt and how we will manage it for many years to come. -
Austerity: When The Government Tightens Its Belt
When a government tightens its belt in tough economic times the entire nation feels the squeeze. -
Approved: Paying Online Sales Tax
States will now be allowed to collect sales taxes on purchases made from Internet-based retailers even if the retailer has no physical presence in that state. -
Sequestration: What Will It Do And What Should You Do?
Learn about the sequester, and possible ways to play it. -
Stocks That Follow This Simple Practice Beat The Markets 6-To-1
We look at what makes Shaw Communications so special, and how you can find other smilarily special stocks. -
The Secret Finances Of The Vatican Economy
The Vatican is the smallest country in the world, and has an economy shrouded in secrecy. Here are some little known facts that will give you a peek into the mysterious world of the Vatican's ... -
What It Takes To Be "Made In The USA"
Discover the rules and standards behind the "Made in the USA" label.
Free Annual Reports