In 1911, Wisconsin Became the First State to Implement a Personal

question 2

True/False

In 1911, Wisconsin became the first state to implement a personal income tax, which was two years before the federal government enacted its own personal income tax.

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Definitions:

Important

Having significant value, meaning, or influence; something that holds great relevance or priority.

Inducement

An offer or promise made to persuade someone to act, often used in the context of contracts to describe something that motivates a party to enter into the agreement.

Indorses

Refers typically to the act of signing the back of a financial instrument, such as a check, thereby transferring rights to another party.

Negotiates

The process of discussing something formally in order to reach an agreement, usually in the context of contracts, salaries, or prices.