Quick FactsPosted: November 10, 2012
The first income tax in American history was the Revenue Act of 1861 signed into law by Abraham Lincoln, the first Republican president of the United States of America. The Revenue Act of 1862 was the second income tax law, and the first progressive rate income tax (which means the more you make the more you’re taxed) and was signed by Abraham Lincoln. Both years were part of the 37th Congress which had a Republican majority in both houses. So the next time Republicans claim to be against taxation, remind them that they started the income tax!