Question

What historic event prompted Congress to enact new tax laws that resulted in a rise from less than 6% to more than 74% of the U.S. population being subject to Federal income tax?

Answer 1

The Revenue Act of 1942 prompted Congress to enact new tax laws that resulted in a rise from less than 6% to more than 74% of the U.S. population being subject to Federal income tax.

Step-by-step explanation:

The rise from less than 6% to more than 74% of the U.S. population being subject to Federal income tax can be attributed to the Revenue Act of 1942. This act doubled the amount of money the government received from individual tax returns by reducing the exemption level and mandating that employers withhold taxes from each worker's paycheck. As a result, the number of Americans required to file and pay federal taxes increased significantly.