![Taxation is theft. Capitalism works [480x475 - 391KB]](https://pic8.co/sh/IOxSfR.png){kind=link}
Actually Lincoln imposed the first federal income tax in It was repealed in 1871.
>On August 5, 1861, President Lincoln imposes the first federal income tax by signing the Revenue Act. Strapped for cash with which to pursue the Civil War, Lincoln and Congress agreed to impose a 3 percent tax on annual incomes over $800.
Actually Lincoln imposed the first federal income tax in [1861 to finance the civil war.](https://www.history.com/this-day-in-history/lincoln-imposes-first-federal-income-tax) It was repealed in 1871.
>>On August 5, 1861, President Lincoln imposes the first federal income tax by signing the Revenue Act. Strapped for cash with which to pursue the Civil War, Lincoln and Congress agreed to impose a 3 percent tax on annual incomes over $800.
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