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>[https://www.scribd.com/doc/24623080/PL-78-235-Revenue-Act-of-1943 Fascimile]</ref> |
The [[United States]] '''Revenue Act of 1943''' increased [[Federal Government of the United States|federal]] [[excise]] taxes on, among other things, [[alcohol (drug)|alcohol]], [[jewelry]], [[telephone]]s, and admissions, and raised the [[excess profits tax]] rate from 90% to 95%.<ref>[https://www.scribd.com/doc/24623080/PL-78-235-Revenue-Act-of-1943 Fascimile]</ref> |
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The 5% [[Victory Tax]] was lowered to 3%, and the postwar credit repealed. |
The 5% [[Victory Tax]] was lowered to 3%, and the postwar credit repealed. |
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Revision as of 19:02, 16 September 2019
 | This article needs additional citations for verification. (December 2009) |
The United States Revenue Act of 1943 increased federal excise taxes on, among other things, alcohol, jewelry, telephones, and admissions, and raised the excess profits tax rate from 90% to 95%.[1]
The 5% Victory Tax was lowered to 3%, and the postwar credit repealed.
References
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