6 Jun 1932 Jahr - Hoover signed the Revenue Act of 1932
Beschreibung:
It increased the top income tax rate to 63 percent. He wanted to reduce the federal deficit. Hoover believed it would also restore confidence. Instead, higher taxes worsened the Depression.
Zugefügt zum Band der Zeit:
Causes of The Great Depression
Timeline for American History Tic-Tac-Toe Project
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