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Taxation policy
Colonial protest against British taxation policy -
4 Samp Act
Act of the Parliament of Great Britain which imposed a direct tax on the British colonies in America. -
Civil War
The U.S. imposed income taxes during Civil War -
16 amendment
16th Amendment was ratified permanently legalizing an income tax. -
Income tax institited
Income tax instituted. Less than 2 % of the population had to pay. -
World War 1
Income tax top rate at 73%. -
Income Tax
Income tax. The top rate was 15% -
Income Tax
20 graduated step established for the income tax. -
Income Tax gains
Capital gains, a top rate 12.5%. Income tax top rate was 56%. -
Income Tax
Income tax, top rate 46%. -
Herbet Hoover
He raised tax rates from 25 % to a maximum of 63% and Franklin Roosevelt boosted them to 79% later in decade.
