Democratic (constitutionalist) President Cleveland signs the Wilson-Gorman (revenue) Tariff Act, eliminating and lowering tariffs on many imported items.  But the act contains a provision reviving the unlawful personal federal income tax, imposing a two-percent tax on incomes of over 4,000 Dollars per year.

       [restored 5/21/2022]

Subsequent Events:

5/20/1895                   7/24/1897

Authority:

Article I, Section 8 [Clause 1]
ccc-2point0.com/constitution-for-the-united-states

“Law of the Jungle”
ccc-2point0.com/preface

References:

Robert Higgs, Crisis and Leviathan: Critical Episodes in the Growth of American Government, (Oakland, California: The Independent Institute, 1987), 96.

Calvin D. Linton, ed., The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 241.

Current U.s. National Debt:

$36,167,124,467,492

Source