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What event activated the need for the first income tax?

User Mwoelk
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2 Answers

29 votes
29 votes

Answer:

The other person is correct!

Step-by-step explanation:

User Pankaj Pareek
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25 votes
25 votes

Answer:

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.

Step-by-step explanation:

hope this helps!!

User Joe Antony
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