Revenue Act of 1924

GPTKB entity

Statements (121)
Predicate Object
gptkbp:instance_of gptkb:legislation
gptkbp:addressed tax avoidance
taxation of foreign income
gptkbp:affects corporate tax rates
individual income tax
gptkbp:amended_by gptkb:Revenue_Act_of_1926
gptkb:multiple_times
Income Tax
in subsequent years
gptkbp:date_enacted 1924-06-02
gptkbp:depicted_in pro-business legislation
gptkbp:enacted_by gptkb:the_Roaring_Twenties
gptkb:United_States_Congress
gptkbp:established new tax brackets
gift tax
https://www.w3.org/2000/01/rdf-schema#label Revenue Act of 1924
gptkbp:impact tax rates
increased tax exemptions
gptkbp:included provisions for tax credits
provisions for estate tax
provisions for tax refunds
gptkbp:includes_provisions_for tax deductions
gptkbp:increased exemptions
estate tax exemption
gptkbp:influenced taxpayer behavior
future tax legislation
gptkbp:influenced_by gptkb:Revenue_Act_of_1921
gptkbp:introduced_in gptkb:House_of_Representatives
gptkbp:is_a_key_component_of Coolidge's fiscal policy
gptkbp:is_a_moment_of U. S. tax history
gptkbp:is_affected_by wealthy individuals
gptkbp:is_aimed_at stimulate economic growth
reducing tax burden
gptkbp:is_analyzed_in economists
for its economic impact
by economists
gptkbp:is_associated_with economic prosperity
gptkbp:is_beneficial_for middle class
gptkbp:is_challenged_by in courts
by tax reform advocates
gptkbp:is_considered a landmark legislation
a tax cut
gptkbp:is_criticized_for gptkb:true
yes
income inequality
favoring the wealthy
progressives
for favoring the wealthy
gptkbp:is_debated_in gptkb:United_States_Congress
gptkb:Senate
gptkb:tax_policy
tax policy debates
in public forums
gptkbp:is_designed_to simplify tax code
gptkbp:is_discussed_in gptkb:political_debates
in political circles
in academic literature
gptkbp:is_evaluated_by for effectiveness
for its fairness
gptkbp:is_examined_in by tax historians
gptkbp:is_implemented_in immediately
to stimulate the economy
the 1925 tax year
gptkbp:is_influential_in in tax history
gptkbp:is_linked_to the stock market boom
gptkbp:is_opposed_by by labor unions
gptkbp:is_reflected_in the economic philosophy of the time
gptkbp:is_set_in new tax brackets
maximum tax rate
gptkbp:is_significant_for 1920s economic policy
gptkbp:is_subject_to judicial review
gptkbp:is_supported_by gptkb:business
gptkbp:is_targeted_at corporate taxes
gptkbp:knockouts after signing
gptkbp:landmark gptkb:tax_policy
gptkbp:led_to gptkb:tax_cuts
increased investment
gptkbp:legacy gptkb:the_1920s_Republican_Party
gptkbp:notable_changes federal tax policy
gptkbp:part_of Roaring Twenties
reduce government spending
tax reform in the 1920s
tax reform in the United States
gptkbp:passes_through yes
majority vote
gptkbp:promoted as pro-business
gptkbp:promotes investment
gptkbp:purpose reduce income tax rates
gptkbp:reduces income tax rates
gift tax rates
gptkbp:related_to gptkb:Great_Depression
Economic policy of the 1920s
gptkbp:repealed_by gptkb:Revenue_Act_of_1932
excess profits tax
gptkbp:resulted_in increased disposable income
gptkbp:revenue increased federal revenue
reduced federal revenue
gptkbp:signed_by gptkb:Calvin_Coolidge
June 2, 1924
gptkbp:was_a_response_to economic challenges
post-World War I economy
gptkbp:was_a_response_to_pressures_from business lobbyists
gptkbp:was_followed_by the Revenue Act of 1926
gptkbp:was_influenced_by gptkb:business
the 1921 Revenue Act
gptkbp:was_legislated during a Republican majority
gptkbp:was_part_of tax reforms
the tax code
the economic recovery efforts
Coolidge administration's policies
Coolidge administration policies
the fiscal policy debate
gptkbp:was_referenced in tax policy discussions
gptkbp:was_supported_by conservatives
by conservatives
gptkbp:was_viewed_as_a_success_by conservative economists
gptkbp:bfsParent gptkb:1921_Revenue_Act
gptkb:1922_Revenue_Act
gptkb:Revenue_Act_of_1921
gptkb:68th_United_States_Congress
gptkbp:bfsLayer 4