How long has there been a federal income tax?

ANSWERS: 1

Official Know-It-All

Congress passed a federal income tax law in October 1913. The original federal income tax rate was 1 percent for most individuals, rising to 7 percent for individuals earning more than $500,000 in a single year.
Source:
Treasury.gov

No comments
| Permalink | Share | 22

0
No comments

ABOUT ANSWERBAG

Answerbag wants to provide a service to people looking for answers and a good conversation. Ask away and we will do our best to answer or find someone who can.We try to vet our answers to get you the most acurate answers.

Answerbag | Terms of Service | Privacy Policy

Source:

RELATED QUESTIONS

RELATED TOPICS

ABOUT ANSWERBAG