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Why And When Did Income Tax Start…??? Don’t Say You Heard It From Me But, Did You Know…

Today is the final day to file your Income Taxes with the U.S. Government. In order to help pay for the war effort of the American Civil War, the United States Government imposed it’s first personal income tax on August 5, 1861, as part of it’s “Revenue Act of 1861″. The tax back then was 3% of all income over $800 dollars. In 2012, the U.S. government will collect roughly, over 1.5 “TRILLION” dollars from U.S. Citizens..!!

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