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Incomes
1909 16th Amendment approved, power to tax incomes 1862 Internal Revenue Law imposes 1st federal taxes on inheritance, tobacco and on incomes over $600 (progressive rate) 1862 1st U.S. income tax (3% of incomes > $600, 5% of incomes > $10,000) 1861 U.S. levies its 1st Income Tax (3% of incomes over $800)

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