 | 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. |
| 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. |