CLINT, TX. CLINT, TEXAS. Clint, also known as Collinsburgh, is on the Southern Pacific Railroad at the intersection of State Highway 20 and Farm Road 1110, sixteen miles southeast of downtown El Paso in southern El Paso County.
The first income tax was instituted by Congress to help pay for the American Civil War. In 1863, the federal government collected the first income tax. This graduated tax was similar to the income tax we pay today. Those who earned $600 to $10,000 per year paid at a rate of 3 percent. Those who earned in excess of $10,000 paid 5 percent. A flat-rate tax was imposed in 1867.
Income tax generally is computed as the product of a tax rate times taxable income. The tax rate may increase as taxable income increases (referred to as graduated rates). Tax rates may vary by type or characteristics of the taxpayer.he US federal government imposed the first personal income tax, on August 5, 1861, to help pay for its war effort in the American Civil War - (3% of all incomes over US $800) ($20,999 in 2015 dollars).