Republican (nationalist) President Lincoln signs the Revenue Act of 1865: Increasing the number of personal “income” tax brackets from two to three;
- Increasing the lowest personal rate on amounts earned over 600 Dollars earned from 3% to 5%; and
- Increasing the highest personal rate on amounts earned over 10,000 Dollars from 5% to 10% on amounts earned over 2,000,000 Dollars.
NOTE: This is the realization of plank number two of the Communist Manifesto by Karl Marx.
[restored 3/8/2025]
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Revenue Act of 1862 – Wikipedia
en.wikipedia.org/wiki/Revenue_Act_of_1862
Communist Manifesto 10 Planks
www.libertyzone.com/Communist-Manifesto-Planks.html