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Changing Venezuela

Changing Venezuela

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Tag: 16th Amendment

An Anniversary of America’s First Progressive Revolution

Exactly a century ago, on Feb. 3, 1913, the 16th Amendment to the Constitution was ratified, authorizing a federal income tax. Congress turned it into a graduated tax, based on “capacity to pay.” It was among the signal victories of the progressive movement.

Posted on Feb 3, 2013 READ MORE


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