Today in History August 5th

Today in 1861, Lincoln imposes the first federal income tax by signing the Revenue Act. Strapped for cash with which to pursue the Civil War, Lincoln and Congress agreed to impose a 3 percent tax on annual incomes over $800.

In 1957 Television, rock and roll and teenagers come together to create "American Bandstand"
In the late 1950s, when television and rock and roll were new and when the biggest generation in American history was just about to enter its teens, it took a bit of originality to see the potential power in this now-obvious combination. The man who saw that potential more clearly than any other was a 26-year-old native of upstate New York named Dick Clark, who transformed himself and a local Philadelphia television program into two of the most culturally significant forces of the early rock-and-roll era.

On August 5, 1962, movie actress Marilyn Monroe is found dead in her home in Los Angeles. She was discovered lying nude on her bed, face down, with a telephone in one hand. Empty bottles of pills, prescribed to treat her depression, were littered around the room.

On this day in 1976, the National Basketball Association (NBA) merges with its rival, the American Basketball Association (ABA), and takes on the ABA’s four most successful franchises: the Denver Nuggets, the Indiana Pacers, the New York(later Brooklyn) Nets and the San Antonio Spurs.

Sources:
History.com
Images found on Google