Revenue Act of 1943: Difference between revisions

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The [[United States]] '''Revenue Act of 1943''' increased [[Federal Government of the United States|federal]] [[excise]] taxes on, among other things, [[alcohol]], [[jewelry]], [[telephone]]s, and admissions, and raised the [[excess profits tax]] rate from 90% to 95%.<ref>[httphttps://www.scribd.com/doc/24623080/PL-78-235-Revenue-Act-of-1943 Fascimile]</ref>
 
The 5% [[Victory Tax]] was lowered to 3%, and the postwar credit repealed.