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APR 15, 2014 - The Week

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Today in history: The birth of the federal income tax

April 15, 1861: Following the Confederate shelling of Ft. Sumter, S.C., President Abraham Lincoln called for 75,000 volunteers to join the Union Army. 92,000 did, and the Civil War — the most devastating war in American history — was on. Lincoln quickly adapted to the role of commander-in-chief, assuming vast powers, many of which weren't granted to him by the Constitution. Supreme Court rulings declared Lincoln's wartime conduct unconstitutional. He ignored them, saying his priority was to preserve the Union.April 15, 1861: Needing cash during the Civil War, President Lincoln ... Read More

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