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1 Jan 1917 Jahr - War Revenue Act of 1917

Beschreibung:

The United States War Revenue Act of 1917 greatly increased federal income tax rates while simultaneously lowering exemptions.

The 2% bracket had previously applied to income below $20,000. That amount was lowered to $2,000. The top bracket (on income above $2 million) was raised from 15% to 67%.

The act was applicable to incomes for 1917.

Zugefügt zum Band der Zeit:

Datum:

1 Jan 1917 Jahr
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~ 108 years ago