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Library 101: Taxes

Jan 27, 2015

Category: Kelly Library News

No matter how you feel about taxes, it’s the time of year to start thinking about filing your federal and state tax returns. The country’s first income tax originated during the Civil War, when Congress passed the Revenue Act of 1861 which included a tax on personal incomes to help pay war expenses. This was repealed ten years later. An 1894 attempt to enact a flat rate Federal income tax was ruled unconstitutional. In 1913 the 16th Amendment paved the way for the Federal income tax as we now know it.

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