Pamphlet, string bound, printed front wrap; 115 pp. with index. Near fine, internally clean, light center fold and line of foxing as well as a few to the front wrap. The 1862 federal laws concerning direct taxes on property, excise taxes ,etc to help fund the Civil War (technically to pay interest on the debts incurred by the government to fund the war), also contained provisions for the first income tax on U.S. citizens. Section 49 of the Act states, ".there shall be levied, collected, and paid, upon the annual income of every person residing in the United States.if such income exceeds the sum of eight hundred dollars, a tax of three per centum on the amount of such excess of such income.". Bookseller Inventory #
Title: (First Income Tax) Laws Relating To The ...
Publisher: GPO for the House of Representatives
Publication Date: 1862
Book Condition: Very Good
Edition: First edition.
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