History Of The Income Tax In The United States

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History of the Income Tax in the United States

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Source: Tax Foundation.

The nation had few taxes in its early history. From 1791 to 1802, the United States government was supported by internal taxes on distilled spirits, carriages, refined sugar, tobacco and snuff, property sold at auction, corporate bonds, and slaves. The high cost of the War of 1812 brought about the nation’s first sales taxes on gold, silverware, jewelry, and watches. In 1817, however, Congress did away with all internal taxes, relying on tariffs on imported goods to provide sufficient funds for running the government.

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State of the Union Address: Harry S. Truman (January 21, 1946)

State of the Union Address: Harry S. Truman (January 21, 1946)

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The Celtic Twilight: A Teller of Tales