6. What event in history may have made the first federal income tax deemed necessary

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asked Sep 12, 2022 172k views

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Pradhyuman Chavda · Answer 1 · 2022-09-17T08:25:30+0000

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.

6. What event in history may have made the first federal income tax deemed necessary

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