1923 Revenue Act

GPTKB entity

Statements (53)
Predicate Object
gptkbp:instance_of gptkb:legislation
gptkbp:affects individual taxpayers
corporate taxpayers
gptkbp:amends gptkb:Revenue_Act_of_1921
gptkbp:controversy tax cuts for wealthy
gptkbp:date_enacted 1923
gptkbp:effective_date January 1, 1924
gptkbp:enacted_by gptkb:United_States_Congress
gptkbp:establishes new tax rates
https://www.w3.org/2000/01/rdf-schema#label 1923 Revenue Act
gptkbp:impact gptkb:Great_Depression
gptkbp:influenced_by post-World War I economy
gptkbp:influences gptkb:tax_policy
gptkbp:introduced gptkb:Andrew_W._Mellon
gptkbp:part_of tax reform history
gptkbp:related_to economic policy of the 1920s
gptkbp:repealed_by excess profits tax
gptkbp:revenue government funding
income tax
corporate income tax
personal income tax
gptkbp:signed_by gptkb:Calvin_Coolidge
gptkbp:tax_bracket_changes higher tax rates for high incomes
lower income tax rates
gptkbp:type_of improve public services
create jobs
foster innovation
enhance economic stability
promote social welfare
stimulate economic growth
encourage savings
reduce income inequality
enhance international competitiveness
reduce government intervention
encourage philanthropy
encourage investment
simplify tax code
support infrastructure development
reduce tax evasion
promote national security
increase compliance
increase fairness in taxation
address budget deficits
align with economic conditions
enhance public health funding
promote business expansion
promote consumer spending
support education funding
support middle-class taxpayers
support post-war recovery
support veterans' benefits
gptkbp:bfsParent gptkb:Warren_Harding
gptkbp:bfsLayer 3