Revenue Act of 1951
Today, Revenue Act of 1951 is a topic that has captured the attention of people of all ages and from different parts of the world. The importance of Revenue Act of 1951 in today's society has generated extensive debate and led to increased interest in understanding its implications in our daily lives. From its origins to its impact on the present, Revenue Act of 1951 has been the subject of numerous investigations, discussions and analyzes that seek to shed light on its multiple dimensions. In this article, we will explore in depth the different aspects of Revenue Act of 1951 and its influence on our environment, with the aim of providing a comprehensive and updated vision of this very relevant topic.
 | This article relies largely or entirely on a single source. (February 2024) |
The United States Revenue Act of 1951 temporarily increased individual income tax rates through 1953, and temporarily raised corporate tax rates 5 percentage points through March 31, 1954.
Excise taxes on alcohol, tobacco, gasoline, and automobiles were also temporarily increased through March 31, 1954. The 1951 Act added $5.4 billion to annual flow of federal tax revenue.[1]
References
- ^ W. Heller, Walter. "An Economist's Reflections on the Revenue Act of 1951". University of Minnesota Law School Scholarship Repository.
External links
 | This United States federal legislation article is a stub. You can help Wikipedia by expanding it. |