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.
The Income Tax Act of 1798 was a British law, which was applied to United State citizens in the form of a progressive model. The original Income Tax Act instituted tax rates of 0.08% on income above 60 pounds and 10% on income above 200 pounds annually. This tax proposal was later affirmed in 1814, where it was regarded as the foundation for the equitable and modernized taxable system in the United States of America.