The Revenue Act
Established in 1935 the Revenue Act issued<span> rates starting at 1 percent and rising to 7 percent for taxpayers with income above $500k.
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A set of laws, passed in the midst of fierce wrangling between groups favoring slavery and groups opposing it, that attempted to give something to both sides. The south gained by the strengthening of the fugitive slave law, the north gained a new free state, California. Texas lost territory but was compensated with 10 million dollars to pay for its debt. Slave trade was prohibited in Washington DC, but slavery was not.
discovered, by accident, in 1859, near Salina
