Internal Revenue Act of 1864
GPTKB entity
Statements (53)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legislation
|
| gptkbp:amended_by |
gptkb:Revenue_Act_of_1865
|
| gptkbp:contributed_to |
federal budget
|
| gptkbp:controversy |
taxation fairness
|
| gptkbp:effective_date |
1864
July 1, 1864 |
| gptkbp:enacted_by |
gptkb:legislation
|
| gptkbp:enforces |
gptkb:government_agency
|
| gptkbp:has_impact_on |
U. S. tax system
|
| gptkbp:historical_context |
post-Civil War era
|
| gptkbp:historical_debate |
Congressional sessions
|
| https://www.w3.org/2000/01/rdf-schema#label |
Internal Revenue Act of 1864
|
| gptkbp:influenced |
future tax reforms
|
| gptkbp:influenced_by |
previous tax laws
|
| gptkbp:introduced |
gptkb:Salmon_P._Chase
|
| gptkbp:is_aimed_at |
businesses
wealthy individuals |
| gptkbp:is_implemented_in |
gptkb:Internal_Revenue_Service
|
| gptkbp:legacy |
foundation for modern tax system
|
| gptkbp:legislation |
gptkb:Revenue_Act_of_1862
gptkb:Revenue_Act_of_1863 |
| gptkbp:mandates |
income tax
inheritance tax excise tax |
| gptkbp:purpose |
to increase revenue for the Civil War
|
| gptkbp:related_to |
Civil War financing
|
| gptkbp:repealed_by |
gptkb:Revenue_Act_of_1870
|
| gptkbp:revenue |
$1.5 billion
infrastructure projects government operations military funding tax on alcohol tax on luxury goods tax on tobacco |
| gptkbp:signed_by |
gptkb:Abraham_Lincoln
|
| gptkbp:type_of |
10% on incomes over $50,000
3% on incomes over $600 5% on incomes over $10,000 20% on incomes over $100,000 25% on incomes over $200,000 30% on incomes over $500,000 35% on incomes over $1 million 40% on incomes over $2 million 45% on incomes over $5 million 50% on incomes over $10 million 55% on incomes over $20 million 60% on incomes over $50 million 65% on incomes over $100 million 70% on incomes over $200 million 75% on incomes over $500 million 80% on incomes over $1 billion |
| gptkbp:bfsParent |
gptkb:Tax_Act_of_1863
|
| gptkbp:bfsLayer |
5
|