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.
In 1913, the states ratified the 16th Amendment, which gave Congress the authority to enact an income tax. That same year, the first Form 1040 appeared after Congress levied a 1% tax on net personal incomes above $3,000 with a 6% surtax on incomes of more than $500,000.As the nation sought greater revenue to finance the World War I effort, the top rate of the income tax rose to 77% in 1918.eeding public opposition to the income tax, Congress cut the tax rate. From 1868 until 1913, 90 percent of all revenue came from taxes on liquor, beer, wine and tobacco. Income tax repealed. The Wilson Tariff Act revived the income tax and an income tax division within the Bureau of Internal Revenue was created.