Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Join our platform to connect with experts ready to provide precise answers to your questions in various areas. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.
Sagot :
A new income tax was one of the taxes that the US Congress passed to aid in funding the Civil War.
The first income tax in the United States was implemented in 1861 as a result of the financial demands of the American Civil War. Income taxes are levied against both companies and individuals. Based on the income received, individual income taxes are calculated. Congress enacted a progressive income tax bill in 1863. It is typically categorized as a direct tax because the burden is most likely on the persons who pay it. Initially, Congress levied a flat 3-percent tax on all incomes and later Civil War changed this idea to include a graduated tax.
Learn more about Civil War here:
https://brainly.com/question/24992590
#SPJ4
Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.