Himalayas, Mt. Everest, in Nepal
When he saw people falling, it made him think about the forces of nature and it lead him to his studies.
On this day in 1861, in order to finance the Civil War, President Abraham Lincoln signed the Revenue Act, imposing the first federal income tax in U.S. history.
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Explanation:
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The main aim of the taxation is for the finance of war effort. An act called Internal Revenue Act was formulated by the congress in the 1862 which formed a governing body called Bureau of Internal Revenue who will take care of the collection of taxes.
The money collected in the form of taxes has reduced the burden of the government war spending but on the other side it has affected the livelihood of the people in America.
The mixed response from the general public has paved way for the conflict in the society and led to the unrest. But on the other hand the revenue collected from the taxation is used for policy related projects and urban infrastructure development.
Answer:
Populist party
Explanation:
The 16th amendment (graduated income tax) and 17th amendment (direct election of senators) were originally ideas of POPULIST PARTY (an 1890s successful 3rd party who never won a presidential election)
This is evident in the fact that though the Populist Party never won a Presidential election, they were more successful in influencing the political landscape of the United States during their existence.
Some other legacies of the Populist Party are:
1. expansion of currency and credit structure
2. Railroad legislation
3. Postal saving banks
4. Subtreasury plan.
