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Income Events in History



2012 Event - The Constitutional Council of France strikes down a plan to impose a 75 percent marginal income tax rate on the wealthy, calling the 'supertax' unconstitutional and unfair

2012 Event - Britain's Chancellor of the Exchequer George Osborne reveals the 2012 British budget which cuts the top rate of income tax

1990 Event - Pete Rose pleads guilty to hiding $300,000 in income

1979 Event - Chuck Berry pleads guilty to income tax evasion, sentenced to 4 months

1974 Event - Prest Gerald Ford signs Employee Retirement Income Security Act

1963 Event - Beatles form "Beatles Ltd" to handle their income

1943 Event - U.S. income tax withholding paycheck deductions authorized

1932 Event - Al Capone, convict of income tax evasion, enters Atlanta Penitentiary

1927 Event - Supreme Court ruled bootleggers must pay income tax

1913 Event - Federal Income Tax signed into law (at 1%)

1913 Event - Internal Revenue Service begins to levy and collect income taxes

1913 Event - Federal income tax takes effect, 16th amendment

1913 Event - 16th Amendment ratified, authorizing income tax

1913 Event - 16th Amendment, federal income tax, ratified

1894 Event - Congress passes Wilson-Gorman Tariff Act, which includes a graduated income tax later struck down by the Supreme Court

1871 Event - U.S. income tax repealed

1862 Event - U.S. government collects its 1st income tax

1862 Event - 1st U.S. income tax (3% of incomes > $600, 5% of incomes > $10,000)

1861 Event - U.S. levies its 1st Income Tax (3% of incomes over $800)

1799 Event - Income Tax introduced in UK









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