#OnThisDate August 5, 1861 - Taxing Times

President Abraham Lincoln Imposed The First Federal Income Tax In The United States, Another Unpopular Decision To Fund The Civil War Effort.

This Tax Was Set At 3% For Incomes Exceeding $800, Marking A Significant Shift In American Fiscal Policy.

As The Nation Faced An Uncertain Future And The Pressing Financial Demands Of War, Lincoln's Bold Step Reflected The Urgent Need For Resources To Sustain The Union's Fight.

This Unconstitutional Legislation - The Revenue Act of 1861 - Not Only Highlighted The Federal Government's Expanding Role But Also Set A Precedent For Future Taxation Policies, Underscoring The Importance Of National Dominance Over Individual Citizenship.

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