Statements (59)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legislation
|
| gptkbp:affects |
businesses
tax compliance wealthy individuals middle class tax administration |
| gptkbp:amended_by |
gptkb:Internal_Revenue_Code
|
| gptkbp:controversy |
tax burden distribution
|
| gptkbp:effective_date |
1948-04-30
|
| gptkbp:enacted_by |
gptkb:legislation
|
| gptkbp:historical_debate |
gptkb:election
|
| gptkbp:historical_significance |
economic history
taxation history post-war fiscal policy |
| https://www.w3.org/2000/01/rdf-schema#label |
Revenue Act of 1948
|
| gptkbp:impact |
corporate tax
individual income tax |
| gptkbp:includes |
provisions for dividends
provisions for capital gains provisions for estate taxes provisions for gift taxes |
| gptkbp:includes_provisions_for |
tax credits
tax deductions |
| gptkbp:influences |
taxpayer behavior
future tax legislation IRS operations |
| gptkbp:introduced |
gptkb:legislation
|
| gptkbp:legacy |
affected political landscape
affected economic growth affected economic inequality discussions affected taxpayer rights discussions affected wealth distribution discussions contributed to budget deficits impacted social programs funding influenced future tax laws influenced public finance discussions influenced tax advocacy movements influenced tax avoidance strategies influenced tax equity discussions influenced tax policy debates set precedent for tax increases shaped fiscal responsibility discussions shaped government spending policies shaped public finance education shaped public opinion on taxes shaped tax compliance culture |
| gptkbp:passes_through |
both houses of Congress
|
| gptkbp:purpose |
to increase federal revenue
|
| gptkbp:related_to |
gptkb:government_agency
gptkb:financial_services_company tax reform post-war economy |
| gptkbp:repealed_by |
certain wartime taxes
|
| gptkbp:revenue |
tax rates
increased federal budget fund government programs |
| gptkbp:signed_by |
gptkb:Harry_S._Truman
|
| gptkbp:bfsParent |
gptkb:Revenue_Act_of_1951
|
| gptkbp:bfsLayer |
6
|