Jump to content

Revenue Act of 1943

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Squids and Chips (talk | contribs) at 19:51, 4 May 2013 (WPCleaner v1.27 - Repaired 1 link to disambiguation page - (You can help) - Admission). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

The United States Revenue Act of 1943 increased federal excise taxes on, among other things, alcohol, jewelry, telephones, and admissions, and raised the excess profits tax rate from 90% to 95%.[1]

The 5% Victory Tax was lowered to 3%, and the postwar credit repealed.

References