Feb 252022
 

amendmentSixteenth Amendment to the Constitution was adopted in 1913. Congress could implement an income tax. Prior to the Sixteenth Amendment, people paid indirect taxes through buying items that were taxed. Older children could view an interesting timeline at: Sixteenth Amendment.

Share Button
Aug 052022
 

United States levied the first income tax in 1862. Any income over $800 was taxed at 3 percent. Idea: Children could translate $800 back then into today’s dollars. They could learn more about the history of the United States income tax at: http://www.infoplease.com/ipa/A0005921.html.

Share Button