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Under the first U.S. income tax law that was passed in 1913, only 1 percent of Americans were required to file income tax returns, and to be liable to file you would have had to be earning an annual income of about $120,000 in todays dollars. It was passed during a period called the Progressive Era : “a period of social activism and reform that flourished from the 1890s to the 1920s” during which… Broadcasting platform : YouTube Source : Antemedius – Liberally Critical Thinking Discovery Date : 11/07/2011 20:15 Number of articles : 2
