On January 9,1799; British Prime Minister William Pitt the Younger introduces an income tax of two shillings to the pound to raise funds for Great Britain's war effort in the Napoleonic Wars. source
On January 9,1799; British Prime Minister William Pitt the Younger introduces an income tax of two shillings to the pound to raise funds for Great Britain's war effort in the Napoleonic Wars.
On February 3.1913 ; The Sixteenth Amendment to the United States Constitution is ratified, authorizing the Federal government to impose and collect an income tax. source
On February 3.1913 ; The Sixteenth Amendment to the United States Constitution is ratified, authorizing the Federal government to impose and collect an income tax.
On March 31.1990 ; Approximately 200,000 protesters take to the streets of London to protest against the newly introduced Poll Tax. source
On March 31.1990 ; Approximately 200,000 protesters take to the streets of London to protest against the newly introduced Poll Tax.
On April 2.1980 ; United States President Jimmy Carter signs the Crude Oil Windfall Profits Tax Act in an effort to help the U.S. economy rebound. source
On April 2.1980 ; United States President Jimmy Carter signs the Crude Oil Windfall Profits Tax Act in an effort to help the U.S. economy rebound.
On May 3.1921 ; West Virginia becomes the first state to legislate a broad sales tax, but does not implement it until a number of years later due to enforcement issues. source
On May 3.1921 ; West Virginia becomes the first state to legislate a broad sales tax, but does not implement it until a number of years later due to enforcement issues.
On July 25.1917 ; Sir Robert Borden introduces the first income tax in Canada as a "temporary" measure (lowest bracket is 4% and highest is 25%). source
On July 25.1917 ; Sir Robert Borden introduces the first income tax in Canada as a "temporary" measure (lowest bracket is 4% and highest is 25%).
On August 5.1861 ; American Civil War: In order to help pay for the war effort, the United States government levies the first income tax as part of the Revenue Act of 1861 (3% of all incomes over US $800; rescinded in 1872). source
On August 5.1861 ; American Civil War: In order to help pay for the war effort, the United States government levies the first income tax as part of the Revenue Act of 1861 (3% of all incomes over US $800; rescinded in 1872).
On October 10.1973 ; Vice President of the United States Spiro Agnew resigns after being charged with evasion of federal income tax. source
On October 10.1973 ; Vice President of the United States Spiro Agnew resigns after being charged with evasion of federal income tax.
On October 17.1931 ; Al Capone is convicted of income tax evasion. source
On October 17.1931 ; Al Capone is convicted of income tax evasion.
Irland is the highest income tax rates on earth today. Irish citizens with a tax rate of 48% on incomes over $40,696. source
Irland is the highest income tax rates on earth today. Irish citizens with a tax rate of 48% on incomes over $40,696.