3 févr. 1913 - 16th Amendment Ratified
Description:
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.Ajouté au bande de temps:
Date:
3 févr. 1913
Maintenaint
~ Il y a 112 ans