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August 1, 2025
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aug 1, 1861 - Revenue Act

Description:

This was another first in U.S. history, the federal government placed a small tax on incomes, generating a huge new source of revenue. Ouch, I'm still suffering from this far reaching legislation.

Added to timeline:

11 May 2018
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Date:

aug 1, 1861
Now
~ 163 years ago