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  • 14-05-2022
  • Mathematics
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The first time the United States enacted a temporary income tax was ?

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  • 14-05-2022

On August 5, 1861, President Lincoln imposes the first federal income tax by signing the Revenue Act. Strapped for cash with which to pursue the Civil War, Lincoln and Congress agreed to impose a 3 percent tax on annual incomes over $800.

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