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.
Historical Highlights of the IRS. 1862 - President Lincoln signed into law a revenue-raising measure to help pay for Civil War expenses. The measure created a Commissioner of Internal Revenue and the nation's first income tax.It levied a 3 percent tax on incomes between $600 and $10,000 and a 5 percent tax on incomes of more than $10,000.1867 - Heeding 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1868 until 1913, 90 percent of all revenue came from taxes on liquor, beer, wine and tobacco. 1872 - Income tax repealed.t levied a 3 percent tax on incomes between $600 and $10,000 and a 5 percent tax on incomes of more than $10,000. 1867 - Heeding public opposition to the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 From 1868 until 1913, 90 percent of all revenue came from taxes on liquor, beer, wine and tobacco. 1872 - Income tax repealed.