Mellon Plan (tax policy)

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf gptkb:tax_law
gptkbp:aimsTo stimulating economic growth
reducing federal income tax rates
gptkbp:country gptkb:United_States
gptkbp:criticizedFor progressive politicians
https://www.w3.org/2000/01/rdf-schema#label Mellon Plan (tax policy)
gptkbp:implementedIn gptkb:Presidency_of_Calvin_Coolidge
Presidency of Warren G. Harding
gptkbp:influencedBy supply-side economics
gptkbp:legacy debate over tax cuts and economic growth
gptkbp:proposedBy gptkb:Andrew_Mellon
1920s
gptkbp:reducedTopTaxRateFrom 73%
gptkbp:reducedTopTaxRateTo 25%
gptkbp:resultedIn Revenue Acts of 1921, 1924, and 1926
gptkbp:supportedBy gptkb:Republican_Party
gptkbp:target high-income earners
gptkbp:bfsParent gptkb:Andrew_William_Mellon
gptkbp:bfsLayer 7