On August 24, 1894, the US Congress passed the first graduated income tax law, which the US Supreme Court declared unconstitutional the next year in Pollack v. Farmer’s Loan and Trust Company, 157 US 429 (1895) and (on rehearing) 158 US 601 (1895).
On August 24, 1894, the US Congress passed the first graduated income tax law, which the US Supreme Court declared unconstitutional the next year in Pollack v. Farmer’s Loan and Trust Company, 157 US 429 (1895) and (on rehearing) 158 US 601 (1895).