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2. Income tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Income_tax_in_the_United...

   Income tax is imposed on individuals, corporations, estates, and trusts. [6] The definition of net taxable income for most sub-federal jurisdictions mostly follows the federal definition. [7] The rate of tax at the federal level is graduated; that is, the tax rates on higher amounts of income are higher than on lower amounts.

3. Legal history of income tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Legal_history_of_income...

   First income tax law. In order to help pay for its war effort in the American Civil War, the United States government imposed its first personal income tax, on August 5, 1861, as part of the Revenue Act of 1861. Tax rates were 3% on income exceeding $600 and less than $10,000, and 5% on income exceeding $10,000. [ 8]

4. Income tax - Wikipedia

   en.wikipedia.org/wiki/Income_tax

   Taxation. An income tax is a tax imposed on individuals or entities (taxpayers) in respect of the income or profits earned by them (commonly called taxable income ). Income tax generally is computed as the product of a tax rate times the taxable income. Taxation rates may vary by type or characteristics of the taxpayer and the type of income.

5. Income Taxes 2025: Will Your Refund Go Up or Down If ... - AOL

   www.aol.com/income-taxes-2025-refund-down...

   The Earned Income Tax Credit (EITC) is designed to give a financial boost to low to moderate-income workers. If Harris pushes for an expansion of this credit, it could mean bigger refunds for ...

6. Harris aims to blunt Trump's economic attacks by proposing ...

   www.aol.com/lifestyle/harris-aims-blunt-trumps...

   Harris is calling for tax breaks aimed at families, as well as middle- and lower-income people. She would expand the child tax credit to up to $3,600 — and $6,000 for children in their first ...

7. Harris leans into populism with proposal for middle-class and ...

   www.aol.com/harris-propose-tax-cuts-middle...

   Vice President Kamala Harris on Friday unveiled a populist economic agenda, proposing a new plan to cut taxes for more than 100 million middle-class and lower-income Americans as she builds out ...