On This Day in History, August 5

In 1861, the United States government levied the first income tax as a means to finance the Union cause in the Civil War. This tax was part of the Revenue Act of 1861, which also modified tariffs and property taxes. The income tax levied was for three percent on all income equal to and exceeding…

On This Day in History, July 25

In 1609, the Sea Venture, an English ship part of the Third Supply for the Jamestown Colony in Virginia, was driven onto reefs near modern Bermuda following three days combating a storm upon the Atlantic. Parts of the ship from the wreck were used for the survivors to reach their destination, and would even be…

On This Day in History, July 22

In 1598, William Shakespeare’s play, The Merchant of Venice, was entered into the Stationers’ Register. The Register operated as a form of copyright protection during the Elizabethan era, allowing for writers to pay to have their works protected by the authority provided to them by the Crown. The Register would slowly fall out of favor…