Revenue Act of 1926
E573681
The Revenue Act of 1926 was a major U.S. federal tax law that significantly reduced income tax rates and estate taxes as part of Treasury Secretary Andrew Mellon's broader program of pro-business tax cuts in the 1920s.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Revenue Act of 1926 canonical | 3 |
How this entity was disambiguated
This entity first appeared as the object of triple T6110065 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Revenue Act of 1926 Context triple: [Mellon tax cuts of the 1920s, hasPart, Revenue Act of 1926]
-
A.
Revenue Act of 1928
The Revenue Act of 1928 was a U.S. federal tax law that significantly revised income tax provisions and became a key subject of judicial interpretation in landmark tax avoidance cases.
-
B.
Revenue Act of 1921
The Revenue Act of 1921 was a U.S. federal tax law that significantly reduced wartime tax rates and marked the beginning of Treasury Secretary Andrew Mellon's pro-business tax reduction policies in the 1920s.
-
C.
Revenue Act of 1924
The Revenue Act of 1924 was a major U.S. federal tax law that significantly reduced income tax rates and restructured federal taxation as part of Treasury Secretary Andrew Mellon's broader 1920s tax-cutting program.
-
D.
Revenue Act of 1938
The Revenue Act of 1938 was a U.S. federal tax law that revised income and corporate tax structures in the late New Deal era, aiming to increase federal revenues and address perceived inequities in the tax system.
-
E.
Revenue Act of 1932
The Revenue Act of 1932 was a U.S. federal law enacted during the Great Depression that sharply increased taxes to address mounting budget deficits and stabilize government finances.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Revenue Act of 1926 Target entity description: The Revenue Act of 1926 was a major U.S. federal tax law that significantly reduced income tax rates and estate taxes as part of Treasury Secretary Andrew Mellon's broader program of pro-business tax cuts in the 1920s.
-
A.
Revenue Act of 1928
The Revenue Act of 1928 was a U.S. federal tax law that significantly revised income tax provisions and became a key subject of judicial interpretation in landmark tax avoidance cases.
-
B.
Revenue Act of 1921
The Revenue Act of 1921 was a U.S. federal tax law that significantly reduced wartime tax rates and marked the beginning of Treasury Secretary Andrew Mellon's pro-business tax reduction policies in the 1920s.
-
C.
Revenue Act of 1924
The Revenue Act of 1924 was a major U.S. federal tax law that significantly reduced income tax rates and restructured federal taxation as part of Treasury Secretary Andrew Mellon's broader 1920s tax-cutting program.
-
D.
Revenue Act of 1938
The Revenue Act of 1938 was a U.S. federal tax law that revised income and corporate tax structures in the late New Deal era, aiming to increase federal revenues and address perceived inequities in the tax system.
-
E.
Revenue Act of 1932
The Revenue Act of 1932 was a U.S. federal law enacted during the Great Depression that sharply increased taxes to address mounting budget deficits and stabilize government finances.
- F. None of above. chosen
Statements (50)
| Predicate | Object |
|---|---|
| instanceOf |
Act of Congress
ⓘ
United States federal tax law ⓘ |
| aimedAt |
promoting economic growth
ⓘ
reducing estate taxes ⓘ reducing federal income tax rates ⓘ stimulating business investment ⓘ |
| appliesToJurisdiction |
United States federal government
ⓘ
linked to:
United States government
|
| areaOfLaw |
fiscal policy
ⓘ
tax law ⓘ |
| associatedWith |
Andrew Mellon
ⓘ
Calvin Coolidge administration ⓘ
linked to:
Coolidge administration
|
| benefited |
corporations
ⓘ
wealthy taxpayers ⓘ |
| country |
United States
ⓘ
linked to:
United States of America
|
| dateSigned | 1926-02-26 ⓘ |
| effectiveDate | 1926-01-01 ⓘ |
| followedBy | Revenue Act of 1928 ⓘ |
| follows | Revenue Act of 1924 ⓘ |
| historicalSignificance |
key component of Mellon-era tax reforms
ⓘ
major reduction in federal tax burdens during the 1920s ⓘ |
| implementedBy |
Bureau of Internal Revenue
ⓘ
United States Department of the Treasury ⓘ |
| inspiredByPolicy |
Mellon tax plan
ⓘ
linked to:
Mellon tax cuts of the 1920s
|
| introducedIn | United States House of Representatives ⓘ |
| language | English ⓘ |
| legalForm | statute ⓘ |
| legislativeBody | United States Congress ⓘ |
| partOf |
1920s United States tax policy
ⓘ
Mellon tax cuts ⓘ
linked to:
Mellon tax cuts of the 1920s
|
| policyOrientation |
pro-business
ⓘ
supply-side tax policy ⓘ |
| presidentAtEnactment | Calvin Coolidge ⓘ |
| provided |
across-the-board income tax rate cuts
ⓘ
increased personal exemptions for taxpayers ⓘ reduced estate tax rates ⓘ reduced surtax rates ⓘ tax relief for high-income individuals ⓘ |
| reducedTax |
estate tax
ⓘ
gift tax rates ⓘ individual income tax ⓘ |
| reducedTopMarginalRateFrom | 40% ⓘ |
| reducedTopMarginalRateTo | 25% ⓘ |
| shortDescription | U.S. federal tax law that significantly reduced income and estate tax rates in 1926 ⓘ |
| signedBy | Calvin Coolidge ⓘ |
| sponsor | Andrew W. Mellon ⓘ |
| subjectOf | tax policy debates in the 1920s ⓘ |
| timePeriod |
1920s
ⓘ
Roaring Twenties ⓘ |
| topMarginalIncomeTaxRateAfterAct | 25% ⓘ |
| topMarginalIncomeTaxRateBeforeAct | 40% ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Revenue Act of 1926 Description of subject: The Revenue Act of 1926 was a major U.S. federal tax law that significantly reduced income tax rates and estate taxes as part of Treasury Secretary Andrew Mellon's broader program of pro-business tax cuts in the 1920s.
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.