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Which government legislation established a federal income tax in 1913?

A. the Sherman Antitrust Act
B. the Interstate Commerce Act
C. the Sixteenth Amendment
D. the Economic Opportunity Act

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lucy437237
Passed by Congress on July 2, 1909, and ratified February 3, 1913, the 16th amendment established Congress's right to impose a Federal income tax.

The start:

In 1861, the first American income tax was enacted as a result of the Civil War's financial needs. Initially, Congress imposed a flat 3-percentage-point tax on all incomes exceeding $800 but later changed this to a graduated tax.

Option C is the government legislation of the Federal Income Tax (FDI).

The details of the Act:

  • The federal income tax was established in 1913 by the "Sixteenth Amendment," which permits the federal government to levy taxes on income without the agreement of the states.

  • It is also known as the Revenue Act, for the first time since 1872, the Revenue Act of 1913 reinstated a federal income tax.

  • The Revenue Act of 1913 levied a one-percentage-point tax on earnings over $3,000, with a six-percentage-point top rate for people earning more than $500,000 per year.

  • The income tax was imposed on around 3% of the population.

Therefore, the sixteenth amendment, which was ratified on February 3, 1913, empowers Congress to collect an income tax.

For more information about federal income tax, refer below:

https://brainly.com/question/906874

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