gptkbp:instance_of
|
gptkb:legislation
|
gptkbp:affects
|
wealth distribution
increased income inequality
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gptkbp:amended_by
|
gptkb:Revenue_Act_of_1926
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gptkbp:associated_with
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gptkb:Coolidge_administration
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gptkbp:consequences
|
contributed to the Great Depression
led to budget deficits
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gptkbp:context
|
Roaring Twenties
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gptkbp:controversy
|
favoring wealthy individuals
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gptkbp:criticism
|
criticized for benefiting the rich
|
gptkbp:date_enacted
|
1924-06-02
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gptkbp:develops_policies_for
|
analyzed by economists
|
gptkbp:economic_impact
|
short-term economic boom
|
gptkbp:economic_policy
|
expansionary fiscal policy
affected federal budget
resulted in tax cuts
|
gptkbp:economic_theory_influence
|
influenced by classical economics
|
gptkbp:enacted_by
|
gptkb:United_States_Congress
|
gptkbp:goal
|
stimulate economic growth
|
gptkbp:governing_body
|
bipartisan support
passed with amendments
|
gptkbp:historical_analysis
|
studied by historians
|
gptkbp:historical_context
|
post-war economic adjustment
|
gptkbp:historical_debate
|
taxation and economic growth
|
gptkbp:historical_significance
|
important in U. S. history
set precedent for tax cuts
|
https://www.w3.org/2000/01/rdf-schema#label
|
The Revenue Act of 1924
|
gptkbp:impact
|
increased tax exemptions
|
gptkbp:influenced
|
future tax legislation
|
gptkbp:influenced_by
|
post-World War I economic conditions
|
gptkbp:introduced_in
|
gptkb:House_of_Representatives
|
gptkbp:is_debated_in
|
gptkb:Senate
tax fairness
debated among political parties
|
gptkbp:legacy
|
influenced future tax reforms
|
gptkbp:part_of
|
U. S. tax history
|
gptkbp:political_impact
|
shift in political power
|
gptkbp:predecessor
|
gptkb:Revenue_Act_of_1921
|
gptkbp:prize_pool
|
encouraged investment
|
gptkbp:public_reaction
|
mixed responses
|
gptkbp:purpose
|
reduce income tax rates
|
gptkbp:related_to
|
gptkb:tax_policy
Economic policy of the 1920s
|
gptkbp:repealed_by
|
gptkb:Revenue_Act_of_1932
|
gptkbp:revenue
|
reduced government revenue
decreased federal revenue
individual income tax
|
gptkbp:signed_by
|
gptkb:Calvin_Coolidge
|
gptkbp:successor
|
gptkb:Revenue_Act_of_1926
|
gptkbp:tax_bracket_change
|
expanded tax brackets
|
gptkbp:tax_policy_debate
|
debated in Congress
|
gptkbp:tax_policy_shift
|
from progressive to regressive
|
gptkbp:tax_rate_change
|
lowered top income tax rate
|
gptkbp:tax_reduction
|
significant tax cuts
|
gptkbp:taxation_impact
|
impacted middle class
|
gptkbp:taxation_philosophy
|
promoted lower taxes
|
gptkbp:trade_goods
|
supply-side economics
|
gptkbp:bfsParent
|
gptkb:Calvin_Coolidge_Administration
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gptkbp:bfsLayer
|
8
|