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3 feb 1913 año - 16th Amendment Ratified

Descripción:

Graduated Income Tax (Finance #3): the ratification of the 16th Amendment authorized Congress to institute a graduated income tax on the earnings of American workers. This power thus enabled the passage of the Revenue Act of 1913. The use of a graduated income tax ensures that the burden of paying for government services, oversight, and infrastructure does not fall disproportionally on those earning lower incomes.

Añadido al timeline:

15 sep 2023
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fecha:

3 feb 1913 año
Ahora mismo
~ 112 years ago