Income taxes first came to America this month 156 years ago, when President Abraham Lincoln signed a bill levying a 3 percent tax on incomes between $600 and $10,000, and a 5 percent tax on greater incomes. The tax was […]
Friday, February 3 — It may be hard to credit, but there used to be a time when the public sphere wasn’t filled with squabbling about income tax rates. The familiar noise began 104 years ago today, when the 16th Amendment […]
Income taxes were first levied 154 years ago this month, when President Abraham Lincoln signed a bill levying a 3 percent tax on incomes between $600 and $10,000, and 5 percent for greater incomes.
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