On Feb. 25, 1986, President Ferdinand Marcos fled the Philippines after 20 years of rule in the wake of a tainted election; Corazon Aquino assumed the presidency.

On this date:

In 1901, United States Steel Corp. was incorporated by J.P. Morgan.

In 1913, the 16th Amendment to the U.S. Constitution, giving Congress the power to levy and collect income taxes, was declared in effect by Secretary of State Philander Chase Knox.

In 1919, Oregon became the first state to tax gasoline, at 1 cent per gallon.

In 1950, “Your Show of Shows,” starring Sid Caesar, Imogene Coca, Carl Reiner and Howard Morris, debuted on NBC-TV.

In 1954, Gamal Abdel Nasser became Egypt’s prime minister after the country’s president, Mohammed Naguib, was effectively ousted in a coup.

In 1964, Muhammad Ali (then known as Cassius Clay) became world heavyweight boxing champion as he defeated Sonny Liston in Miami Beach.

In 1983, playwright Tennessee Williams was found dead in his New York hotel suite; he was 71.

In 1991, during the Persian Gulf War, 28 Americans were killed when an Iraqi Scud missile hit a U.S. barracks in Dhahran, Saudi Arabia.

In 1994, American-born Jewish settler Baruch Goldstein opened fire with an automatic rifle inside the Tomb of the Patriarchs in the West Bank, killing 29 Muslims before he was beaten to death by worshippers.

In 2010, in Vancouver, the Canadian women beat the United States 2-0 for their third straight Olympic hockey title.

Today’s Birthdays: Actor Ann McCrea is 90. Actor Diane Baker is 83. Former talk show host Sally Jessy Raphael is 79. Rock singer-musician/actor John Doe (X) is 68. Actor Tea Leoni is 55. Actor Sean Astin is 50.