THIS DAY AT LAW
Today in legal history...

Monday, August 24, 2009

Congress passed first graduated income tax

On August 24, 1894, the US Congress passed the first graduated income tax law, which the US Supreme Court declared unconstitutional the next year in Pollack v. Farmer's Loan and Trust Company, 157 US 429 (1895) and (on rehearing) 158 US 601 (1895).



Link post | IM post | go to JURIST | © JURIST, 2004


CONTACT

This Day at Law welcomes reader comments, tips, URLs, updates and corrections. E-mail us at JURIST@pitt.edu