[Ans] Which U.S. President imposed the first federal income tax?

Step 1 : Introduction to the question "Which U.S. President imposed the first federal income tax?"

On this day in 1861, Abraham Lincoln imposes the first federal income tax by signing the Revenue Act. Strapped for cash with which to pursue the Civil War, Lincoln and Congress agreed to impose a 3 percent tax on annual incomes over $800. According to the U.S. Treasury Department, the comparable minimum taxable income in 2003, after adjustments for inflation, would have been approximately $16,000. Congress repealed Lincoln’s tax law in 1871, but in 1909 passed the 16th Amendment, which set in place the federal income-tax system used today. Congress ratified the 16th Amendment in 1913.

[Answer] Which U.S. President imposed the first federal income tax?

Step 1 : Introduction to the question "Which U.S. President imposed the first federal income tax?"

...On this day in 1861, Abraham Lincoln imposes the first federal income tax by signing the Revenue Act. Strapped for cash with which to pursue the Civil War, Lincoln and Congress agreed to impose a 3 percent tax on annual incomes over $800. According to the U.S. Treasury Department, the comparable minimum taxable income in 2003, after adjustments for inflation, would have been approximately $16,000. Congress repealed Lincoln’s tax law in 1871, but in 1909 passed the 16th Amendment, which set in place the federal income-tax system used today. Congress ratified the 16th Amendment in 1913.

[Ans] What event prompted the first income tax in the United States?

Step 1 : Introduction to the question "What event prompted the first income tax in the United States?"

There wasn't always an income tax, and initially tariffs provided the main source of revenue for the government. The first income tax was created in 1861 during the Civil War as a mechanism to finance the war effort. At first, Congress placed a flat 3-percent tax on all incomes over $800 and later modified this principle to include a graduated tax. Congress repealed the income tax in 1872, but the concept did not disappear. In early 20th century the income tax enjoyed renewed support, and in February of 1913 the Sixteenth Amendment was ratified to the Constitution, thus granting Congress the power to collect taxes on personal income.

[Answer] What event prompted the first income tax in the United States?

Step 1 : Introduction to the question "What event prompted the first income tax in the United States?"

...There wasn't always an income tax, and initially tariffs provided the main source of revenue for the government. The first income tax was created in 1861 during the Civil War as a mechanism to finance the war effort. At first, Congress placed a flat 3-percent tax on all incomes over $800 and later modified this principle to include a graduated tax. Congress repealed the income tax in 1872, but the concept did not disappear. In early 20th century the income tax enjoyed renewed support, and in February of 1913 the Sixteenth Amendment was ratified to the Constitution, thus granting Congress the power to collect taxes on personal income.

[Ans] which republicans voted against the tax bill

Step 1 : Introduction to the question "which republicans voted against the tax bill "

It is the major tax reform advocated by congressional Republicans and the Trump administration. Major elements include reducing tax rates for individuals and businesses; increasing the standard deduction and family tax credits; limiting the mortgage interest deduction and deductions for state and local income taxes and property taxes; limiting the Alternative Minimum Taxfor individuals and eliminating it for corporations; reducing the number of estates impacted by the estate tax; and repealing the individual mandate of the Affordable Care Act(ACA).

Step 2 : Answer to the question "which republicans voted against the tax bill "

Rep. Dan Donovan,

New YorkRep. John Faso,

New YorkRep. Rodney Frelinghuysen,

New JerseyRep. Darrell Issa,

CaliforniaRep. Walter Jones,

North CarolinaRep. Peter King,

New YorkRep. Leonard Lance,

New JerseyRep. Frank LoBiondo,

New JerseyRep. Dana Rohrabacher,

CaliforniaRep. Christopher Smith,

New JerseyRep. Elise Stefanik,

New YorkRep. Lee Zeldin, New York

Step 3 : Disclaimer & Terms of Use regarding the question "which republicans voted against the tax bill "

Our machine learning tool trying its best to find the relevant answer to your question. Now its your turn, "The more we share The more we have". Share our work with whom you care, along with your comment ...Kindly check our comments section, Sometimes our tool may wrong but not our users.

Are We Wrong To Think We're Right? Then Give Right Answer Below As Comment