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When was federal income tax initiated?
Income tax was instituted on July 01, 1913
Which amendment to the US Constitution instituted a federal income tax?
sixteenth amendment
Who was the president when federal income tax started?
Lincoln
Which US President eatblished the Progressive Income Tax?
The first Progressive Income Tax was established by Congress, (who under the Constitution is the branch of government with the authority to tax), in the year 1862. The president at the time was Abraham Lincoln.
Which president increased top marginal income tax rates?
Franklin roosevelt
When was federal income tax initiated?
Income tax was instituted on July 01, 1913
Which amendment to the US Constitution instituted federal income tax?
sixteenth amendment
Which amendment to the US Constitution instituted a federal income tax?
sixteenth amendment
Amendment to the U.S. Constitution instituted a federal income tax?
The 16th amendment allowed the government to instate the income tax, which reversed the Supreme Court decision stating otherwise.
Income tax is liable on the salary of the president of India?
President of India's salary (as in case of Prime minister) is totally exempt from Income Tax.
Does the president pay income tax?
Yes.
What president passed the federal income tax?
Wilson
Who was the president when federal income tax started?
Lincoln
Does president of India pays any income tax and if yes then how much income tax does she pays?
yes,he has to pay 30% of income tax ,, bhawna :P........ i m aayushi :P
Which US President eatblished the Progressive Income Tax?
The first Progressive Income Tax was established by Congress, (who under the Constitution is the branch of government with the authority to tax), in the year 1862. The president at the time was Abraham Lincoln.
Can a president raise or lower taxes?
No. The President has no power over taxes. He can ask Congress to raise the income tax, but they tend to do what they want to do. President Obama did ask Congress to increase the income tax on high incomes.
Which president increased top marginal income tax rates?
Franklin roosevelt
