Description
- Describe the history of the Federal Income Tax. How did it come about? How has it changed over time?
Note: This is for a discussion forum.250 words are required.
Explanation & Answer
Attached.
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December 12, 2017
FEDERAL INCOME TAX:
Federal income tax is considered to have started during the passage of the 16th
amendment which was legislated by the Congress on July 2, 1909 and later ratified on
February 3, 1913. It’s important to acknowledge that Federal income tax hi...