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1862 during the Civil war the united states enacted its first federal income tax law it...

1862 during the Civil war the united states enacted its first federal income tax law it is likely that this enactment aided the war effort by

a. providing funds to acquire more mules and wagons

b. helping to control the inflation affecting the value of its money

c. both of the above

d. none of the above

Taxation

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Answer #1

a) Providing funds to acquire more mules and wagons.

The United States needed funds to help pay for it's war during the 1862 therefore they enacted income tax law to help get those funds.

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