Which, if any, of the following statements best describes the history of the Federal income tax?
A)It existed during the Civil War.
B)The Federal income tax on corporations was held by the U.S.Supreme Court to be contrary to the U.S.Constitution.
C)The Federal income tax on individuals was held by the U.S.Supreme Court to be allowable under the U.S.Constitution.
D)Both the Federal income tax on individuals and on corporations was held by the U.S.Supreme Court to be contrary to the U.S.Constitution.
E)None of the above.

Question

Quizplus · Accepted Answer

The Federal income tax was first introduced during the Civil War to help fund the war effort.

Which, If Any, of the Following Statements Best Describes the History