The first national income tax was enacted August 5th 1861 in the North to ensure the ability to pay interest on bonds for the Civil War.
(Book – Battle Cry of Freedom – James M. McPherson)
The first national income tax was enacted August 5th 1861 in the North to ensure the ability to pay interest on bonds for the Civil War.
(Book – Battle Cry of Freedom – James M. McPherson)