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The Purpose and History of Federal Income Taxes


Abstract: The individual income tax dates to the 1860s and now represents 48 percent of tax revenue. Discover its bumpy history and learn what 'public goods' are.

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File(s): File format is text/html https://www.stlouisfed.org/open-vault/2018/march/purpose-history-federal-income-taxes
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File(s): File format is application/pdf https://fraser.stlouisfed.org/title/open-vault-9398/purpose-history-federal-income-taxes-687985
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Provider: Federal Reserve Bank of St. Louis

Publication Date: 2018-03-20