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oct 3, 1913 - Revenue Act aka "Underwood Tariff" of 1913

Description:

re-imposed the federal income tax after the ratification of the Sixteenth Amendment and lowered basic tariff rates from 40% to 25%, well below the Payne-Aldrich Tariff Act of 1909. Signed by Woodrow Wilson

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1492-1920 Timeline

ByAna Diaz
10 Oct 2017
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Date:

oct 3, 1913
Now
~ 112 years ago
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