ONE GOOD FACT

April 15, 2026

Instituted in 1862, the first U.S. income tax was 3 percent or 5 percent, depending on the amount of income. This proved wildly unpopular, was scaled back, and then ultimately repealed 10 years later. From 1868 until 1913, 90 percent of all government revenue instead came from taxes on liquor, beer, wine, and tobacco.