When was the first income tax law enacted?
multipleQAs
When was the first income tax imposed in United States? When was the first income tax amendment passed in the United States?
1861 American Civil War
February 3, 1913
History of taxation in the United States
When was the first income tax law enacted?
History of taxation in the United States Revenue Act of 1913 Sixteenth Amendment to the United States Constitution Income tax State income tax Legal history of income tax in the United States Tax Cuts and Jobs Act of 2017 Economic Recovery Tax Act of 1981 Unrelated Business Income Tax Tax Reform Act of 1986
<b>Income taxes</b> are required, however, to abide by the <b>law</b> of geographical 
uniformity. Congress <b>enacted</b> an&nbsp;... The Revenue Act of 1913, also known as the Underwood Tariff or the Underwood
-Simmons Act ... Wilson signed the bill into <b>law</b> on October 3, 1913. ... The 
Revenue Act of 1913 restored a federal <b>income tax</b> for the <b>first</b> time since 1872. The Sixteenth Amendment (Amendment XVI) to the United States Constitution 
allows Congress ... The Revenue Act of 1861 had <b>introduced</b> the <b>first</b> federal 
<b>income tax</b>, but that tax was repealed in 1872. ... tax on corporations by way of an 
excise tax and a constitutional amendment to allow the previously <b>enacted</b> 
<b>income tax</b>. An <b>income tax</b> is a tax imposed on individuals or entities (taxpayers) that varies 
with respective ... The US federal government imposed the <b>first</b> personal <b>income</b> 
<b>tax</b> on August 5, 1861, ... Tax <b>laws</b> in most countries are extremely complex, and 
tax burden falls differently on different groups in each country and sub-national 
unit. The <b>first</b> State <b>Income Tax</b>, as the term is understood today in the United States, ... 
Colonies with <b>laws</b> taxing both property and faculties ... Between the <b>enactment</b> 
of the Constitution and 1840, no new general taxes on&nbsp;... Later that year, Congress <b>enacted</b> the Revenue Act of 1913. The <b>tax</b> ranged from 
1% on <b>income</b> exceeding $3,000 to 7% on incomes exceeding $500,000. The Act to provide for reconciliation pursuant to titles II and V of the concurrent 
resolution on the budget for fiscal year 2018, Pub.L. 115–97, is a congressional 
revenue act of the United States originally <b>introduced</b> in Congress as the Tax 
Cuts and Jobs Act (TCJA) ... Under the <b>law</b>, there are numerous changes to the 
individual <b>income tax</b>,&nbsp;... The Economic Recovery Tax Act of 1981 (ERTA) was a major tax cut designed to 
encourage economic growth. Also known as the &quot;Kemp–Roth Tax Cut&quot;, it was a 
federal <b>law enacted</b> by the ... Included in the act was an across-the-board 
decrease in federal <b>income tax</b> rates. The top marginal tax rate fell from 70 
percent to 50&nbsp;... Congress <b>enacted</b> the <b>law</b> because it was concerned about nonprofit 
organizations having an unfair advantage competing in the same&nbsp;... The Tax Reform Act of 1986 (TRA) was passed by the 99th United States 
Congress and signed into <b>law</b> by President Ronald Reagan on October 22, 1986. 
The act was designed to simplify the federal <b>income tax</b> code and broaden ... The 
1986 Tax Reform Act <b>introduced</b> the General Nondiscrimination rules which 
applied to&nbsp;...
during the Civil War
Taxation history of the United States