On this day: July 12

Published On: Jul 09 2012 11:05:02 AM CDT   Updated On: Jul 12 2016 01:00:00 AM CDT

The Medal of Honor is authorized, a favorite toy is born, Walter Mondale makes a historic choice, and "E.T." breaks box office records, all on this day.

OTD July 12 - 16th Amendment
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1909: Congress approves a resolution proposing the 16th Amendment, which, upon ratification in 1913, established the federal income tax.

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