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When was the federal income tax law instituted? |
I heard that it was originally enacted as a temporary solution to funding the war. Anyone have any idea? 1913 is when it was made permanent. Taxation of incomes was authorized by amendment to the US constitution during the presidency of Woodrow Wilson prior to the United States' entry into World War I. I am not consulting an encyclopedia here but I believe the year would have been 1914-1916 (the US entered WWI in April 1917 and the war ended via armistice on 11/11/18-the day we now commemorate as Veteran's Day). The first income tax came around during the Civil War. This was a temporary tax that was imposed to pay for the war. The income tax didn't become permanent until the 20th century. In 1913, during Christmas Vacation the Income Tax Law as an amendment to the Constitution was enacted (without a quorum) |
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