It was an Act passed during the Civil War to get more funding for the Union Government in the form of Income Tax.
It was signed into law by President Abraham Lincoln, introducing the first progressive rate income tax to the country. Annual income above $600 was taxed at a 3% rate, but those earning over $10,000 per year were taxed at a 5% rate. This Act repealed the flat rate income tax that had been established by the Revenue Act of the previous year
or lowered income taxes ((apex))
<3 kelsmo :)
Homestead Act of 1862.
yes, it was passed may 20th, 1862.
The Internal Revenue Service is the department that collects taxes. The Internal Revenue Service collects the money for the US Department of Treasury.
The Revenue Act of 1764 was also known as the Sugar Act. This act was passed on April 5th, 1764 by the Parliament of Great Britain in an attempt to raise revenue through the taxation on sugar and molasses that were purchased by the colonists.
state universtites to teach agriculture and mechanical arts.
Started in 1862 as the bureau of internal revenue, name changed to internal revenue service in 1953.
The IRS was established in 1862 to be responsible for enforcing the internal revenue laws. The IRS was then Hijacked by the Federal Reserve Bank in 1913 to act as its collection agency.
Department of Justice
The revenue act, which funded the Civil war.(the Civil War)
1854 the Indian Appropriations Act
Abraham Lincoln appointed the first commissioner of internal revenue in 1862. More tax money was needed to pay for the Civil War.
Internal Revenue Service was created in 1953.
The Internal Revenue is a government agency that is subject to Title 26 United States Code. The Internal revenue Service is a private debt collection agency subject to Title 15 of the United States Code and is a private collection agency contracted by the Internal Revenue.
Department of treasury 1853
Internal Revenue Service Building was created in 1936.
The Bureau of Internal Revenue, also known as the Internal Revenue Service (IRS), is responsible for collecting federal taxes in the United States of America.
Internal Revenue Service