U.S. News

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Today in history: On April 15 the tax man cometh

In 1894, the Wilson-Gorman tariff imposed the first peacetime income tax of 2 percent on income over $4000, affecting fewer than one in ten households at that time.

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Protesters charge Bank of America received $1.9 billion tax refund

St. Louis protesters against tax dodgers say Bank of America made $4.4 billion in profits last year and paid no taxes -- they got a $1.9 billion refund!