On this day: March 8

Published On: Mar 04 2013 12:44:12 PM CST   Updated On: Mar 08 2016 01:00:00 AM CST

The New York Stock Exchange is founded, Frazier outlasts Ali, and Baseball Hall of Famer Joe DiMaggio dies, and Malaysia Airlines Flight 370 disappears, all on this day.

OTD March 8 - IRS
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1913: The Internal Revenue Service begins to levy and collect income taxes. Only those with incomes of $3,000 or more were instructed to file and initially only 1 percent of all Americans paid some sort of income tax.

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