Revenue Act of 1935
E6247
The Revenue Act of 1935 was a New Deal-era U.S. federal law that significantly increased taxes on high incomes, large inheritances, and corporate profits in an effort to redistribute wealth during the Great Depression.
All labels observed (2)
| Label | Occurrences |
|---|---|
| Revenue Act of 1935 canonical | 2 |
| Wealth Tax Act | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T48505 — 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 1935 Context triple: [74th United States Congress, passed, Revenue Act of 1935]
-
A.
Smoot–Hawley Tariff Act
The Smoot–Hawley Tariff Act was a 1930 U.S. law that sharply raised import duties, widely blamed for worsening international trade tensions and deepening the Great Depression.
-
B.
Internal Revenue Code
The Internal Revenue Code is the comprehensive body of federal tax law in the United States that governs the assessment and collection of most national taxes.
-
C.
Social Security Amendments of 1939
The Social Security Amendments of 1939 were a major U.S. legislative revision that expanded the original Social Security program by adding survivors’ and dependents’ benefits and restructuring it into a more comprehensive social insurance system.
-
D.
Emergency Relief Appropriation Act of 1935
The Emergency Relief Appropriation Act of 1935 was a major New Deal law that funded large-scale public works and employment programs to combat unemployment during the Great Depression.
-
E.
Treasury Act of 1789
The Treasury Act of 1789 was a foundational U.S. law that created the Department of the Treasury and established the federal government's core financial and fiscal administration.
- 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 1935 Target entity description: The Revenue Act of 1935 was a New Deal-era U.S. federal law that significantly increased taxes on high incomes, large inheritances, and corporate profits in an effort to redistribute wealth during the Great Depression.
-
A.
Smoot–Hawley Tariff Act
The Smoot–Hawley Tariff Act was a 1930 U.S. law that sharply raised import duties, widely blamed for worsening international trade tensions and deepening the Great Depression.
-
B.
Internal Revenue Code
The Internal Revenue Code is the comprehensive body of federal tax law in the United States that governs the assessment and collection of most national taxes.
-
C.
Social Security Amendments of 1939
The Social Security Amendments of 1939 were a major U.S. legislative revision that expanded the original Social Security program by adding survivors’ and dependents’ benefits and restructuring it into a more comprehensive social insurance system.
-
D.
Emergency Relief Appropriation Act of 1935
The Emergency Relief Appropriation Act of 1935 was a major New Deal law that funded large-scale public works and employment programs to combat unemployment during the Great Depression.
-
E.
Treasury Act of 1789
The Treasury Act of 1789 was a foundational U.S. law that created the Department of the Treasury and established the federal government's core financial and fiscal administration.
- F. None of above. chosen
Statements (45)
| Predicate | Object |
|---|---|
| instanceOf |
New Deal legislation
ⓘ
United States federal statute ⓘ tax law ⓘ |
| aimedAt |
increasing federal revenue
ⓘ
redistributing wealth ⓘ reducing income inequality ⓘ |
| alsoKnownAs |
Revenue Act of 1935
ⓘ
surface form:
Wealth Tax Act
|
| appliesToJurisdiction | federal government of the United States ⓘ |
| belongsToCategory |
1935 in American law
ⓘ
New Deal statutes ⓘ United States federal taxation legislation ⓘ |
| country | United States of America ⓘ |
| enactedDuring | Great Depression ⓘ |
| follows | Revenue Act of 1934 ⓘ |
| hasEffect |
expanded federal revenue base
ⓘ
increased tax burden on the wealthy ⓘ |
| historicalPeriod | 1930s ⓘ |
| introduced |
higher marginal income tax rates on top incomes
ⓘ
higher taxes on large inheritances ⓘ increased corporate tax rates ⓘ increased estate taxes ⓘ |
| justifiedBy |
concerns about wealth concentration
ⓘ
need to fund New Deal programs ⓘ |
| legalForm | public law ⓘ |
| legislativeBody | United States Congress ⓘ |
| mainSubject |
federal taxation
ⓘ
income tax ⓘ wealth redistribution ⓘ |
| motivatedBy | New Deal economic policy goals ⓘ |
| opposedBy |
conservative politicians
ⓘ
many business interests ⓘ |
| partOf | New Deal ⓘ |
| policyType | progressive taxation ⓘ |
| politicalContext |
New Deal
ⓘ
surface form:
Second New Deal
|
| presidentAtTimeOfSigning |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
| regulates |
corporate profits taxation
ⓘ
estate and inheritance taxation ⓘ federal income taxation ⓘ |
| signedBy |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
| supportedBy |
Roosevelt administration
ⓘ
surface form:
Franklin D. Roosevelt administration
|
| targetedGroup |
corporations
ⓘ
high-income individuals ⓘ large estates ⓘ |
| topic |
fiscal policy during the Great Depression
ⓘ
tax policy in the United States ⓘ |
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 1935 Description of subject: The Revenue Act of 1935 was a New Deal-era U.S. federal law that significantly increased taxes on high incomes, large inheritances, and corporate profits in an effort to redistribute wealth during the Great Depression.
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Wealth Tax Act