Who started personal income tax?

Answer Congress enacted the first income tax law in 1862 in order to provide funding for the Civil War. It was eliminated 10 years later. But, in 1913, income tax was made permanent by the 16th Amendment ... Read More »

Top Q&A For: Who started personal income tax

Which amendment started the federal income tax?

In 1913, the 16th Amendment to the U.S. Constitution made income tax permanent. Before that, the government had implemented an income tax to cover costs of the Civil War. After its elimination in 1... Read More »

Who started the earned income tax credit?

The earned-income-tax-credit (EITC) began in 1975, created by President Gerald Ford's administration, according to the New York Times. According to the Internal Revenue Service, the tax credit is f... Read More »

Us history what amendment started income tax?

What is personal income tax?

The personal income tax is a tax that levied on the income of individuals. In general, the personal income tax refers to the income taxes paid to the federal and state governments by those earning ... Read More »