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2. Income tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Income_tax_in_the_United...

   Income tax is imposed on individuals, corporations, estates, and trusts. [6] The definition of net taxable income for most sub-federal jurisdictions mostly follows the federal definition. [7] The rate of tax at the federal level is graduated; that is, the tax rates on higher amounts of income are higher than on lower amounts.

3. Legal history of income tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Legal_history_of_income...

   First income tax law. In order to help pay for its war effort in the American Civil War, the United States government imposed its first personal income tax, on August 5, 1861, as part of the Revenue Act of 1861. Tax rates were 3% on income exceeding $600 and less than $10,000, and 5% on income exceeding $10,000. [8]

4. Income tax - Wikipedia

   en.wikipedia.org/wiki/Income_tax

   Taxation. An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income). Income tax generally is computed as the product of a tax rate times the taxable income. Taxation rates may vary by type or characteristics of the taxpayer and the type of income.

5. I paid a six-figure tax bill this year and I’m fed up - AOL

   www.aol.com/finance/paid-six-figure-tax-bill...

   Contributions to a 401(k) are considered pre-tax, which means you don’t have to pay any income tax the year of the contribution. Instead, you pay tax when you withdraw the money during your ...

6. 4 Reasons Harris’ Proposed Tax on Unrealized Capital Gains ...

   www.aol.com/finance/4-reasons-harris-proposed...

   With the United States reportedly being home to 37% of the world’s millionaires, around 10,000 wealthy individuals could be met with a 25% minimum tax rate on income over $100 million, including ...

7. Sixteenth Amendment to the United States Constitution

   en.wikipedia.org/wiki/Sixteenth_Amendment_to_the...

   The Sixteenth Amendment in the National Archives. The Sixteenth Amendment (Amendment XVI) to the United States Constitution allows Congress to levy an income tax without apportioning it among the states on the basis of population. It was passed by Congress in 1909 in response to the 1895 Supreme Court case of Pollock v. Farmers' Loan & Trust Co.