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Introduction: Taxes have been a part of American history since the country's founding. From the earliest days of the colonies to the present day, taxes have played a critical role in shaping the nation's economy and government. This workbook will provide a brief overview of the history of taxes in the United States, including key events, laws, and policies that have shaped the tax system we have today. Chapter 1: Colonial Taxes In the early days of the colonies, taxes were primarily used to fund local governments and pay for public services. Colonists paid taxes on property, imports, and exports, as well as on goods like tobacco and alcohol. One of the most significant taxes of this period was the Stamp Act of 1765, which required colonists to pay a tax on all printed materials, including newspapers, legal documents, and playing cards. This tax was met with widespread resistance and helped to fuel the American Revolution. Chapter 2: The Birth of the Federal Income Tax The first federal income tax was introduced during the Civil War to help fund the Union's war effort. This tax was repealed after the war, but a new income tax was introduced in 1894. However, this tax was ruled unconstitutional by the Supreme Court in 1895. It wasn't until the 16th Amendment was ratified in 1913 that the federal income tax became a permanent fixture of the American tax system. Chapter 3: The New Deal and Tax Reform During the Great Depression
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