Statements (61)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legislation
|
| gptkbp:bfsLayer |
4
|
| gptkbp:bfsParent |
gptkb:62nd_United_States_Congress
gptkb:Underwood_Tariff_Act gptkb:63rd_United_States_Congress gptkb:Dingley_Tariff_Act |
| gptkbp:amended_by |
Revenue Act of 1916
|
| gptkbp:challenges |
compliance and enforcement issues
|
| gptkbp:collects |
gptkb:IRS
|
| gptkbp:community_impact |
shift in tax policy
|
| gptkbp:contributed_to |
economic inequality debates
|
| gptkbp:diplomatic_relations |
government spending
|
| gptkbp:economic_impact |
redistribution of wealth
increased federal revenue social programs funding |
| gptkbp:effective_date |
1913
|
| gptkbp:enacted_by |
gptkb:legislation
|
| gptkbp:established |
progressive income tax
|
| gptkbp:goal |
reduce tariff rates
|
| gptkbp:historical_context |
pre-World War I America
|
| gptkbp:historical_debate |
progressive vs. regressive taxation
|
| gptkbp:historical_period |
U. S. tax system evolution
|
| gptkbp:historical_significance |
first federal income tax law
|
| https://www.w3.org/2000/01/rdf-schema#label |
Revenue Act of 1913
|
| gptkbp:impact |
wealth distribution
|
| gptkbp:includes_provisions_for |
certain deductions
|
| gptkbp:increased |
tariff rates
|
| gptkbp:influenced |
future tax legislation
|
| gptkbp:influenced_by |
Populist movement
|
| gptkbp:introduced |
gptkb:President_Woodrow_Wilson
|
| gptkbp:is_opposed_by |
gptkb:Republican_Party
|
| gptkbp:is_supported_by |
gptkb:Democratic_Party
|
| gptkbp:legacy |
foundation for modern tax system
|
| gptkbp:mandates |
1% on incomes over $3,000
6% on incomes over $500,000 |
| gptkbp:market |
gptkb:Keynesian_economics
|
| gptkbp:notable_for |
income tax rates
|
| gptkbp:occupation |
individuals and corporations
|
| gptkbp:part_of |
Progressive Era reforms
New Freedom program |
| gptkbp:public_perception |
mixed responses
|
| gptkbp:reform |
modernization of tax code
|
| gptkbp:related_to |
gptkb:Federal_Reserve_Act
|
| gptkbp:repealed_by |
gptkb:Revenue_Act_of_1924
|
| gptkbp:replaced_by |
Revenue Act of 1916
|
| gptkbp:revenue |
$28 million
government funding federal budget income tax increased public services ability to pay increased tax base |
| gptkbp:type_of |
economic stability
progressive taxation increased enforcement 1% on first $20,000 2% on next $40,000 3% on next $80,000 4% on next $100,000 5% on next $200,000 6% on income over $500,000 |