Graduated income tax (2 juill. 1909 – 3 févr. 1913)
Description:
The goal was to empower farmers to set their prices for their crops. The Omaha Platform introduced a unique tax system that would make farmers pay taxes according to their Income—the plan aimed to utilize the revenue from income tax to lessen the tax burden on US-based companies. The 16th Amendment was passed on February 3, 1913, granting Congress the power to impose an income tax without relying on population-based assessments. (Finance, 3)
Ajouté au bande de temps:
Date:
2 juill. 1909
3 févr. 1913
~ 3 years and 7 months