We have an income tax as opposed to a tariff in part to deal with the mind of the South in 1913—yet the income tax revenue enabled revenue-destructive tariffs.

Income taxes were first introduced to pay for debts incurred from the Civil War. New taxes, like Social Security, were introduced with Roosevelt's New Deal. The Tax Cuts and Jobs Act of 2017 aimed ...

The country’s first income tax was signed into law in 1862 by President Abraham Lincoln to help pay for Civil War expenses. But it wasn’t until 1913 that the states ratified the 16th Amendment ...

When enacting the country’s first federal income tax to finance the Civil War, in 1861, Congress provided that all returns should be “open for examination.” Likewise, when Congress came up ...

Going without insurance hurt all low-income Americans. But studies suggest the drop in Black Americans’ coverage under Trump’s plan outpaced that of white Americans. The rate of uninsured Black ...

Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.