RileyLacrue998 RileyLacrue998
  • 02-09-2014
  • History
contestada

What effect did the Revenue Act of 1926 have on Americans?

Respuesta :

djnomad
djnomad djnomad
  • 22-10-2014
It was the current revision of the Internal Revenue Code, now Title 26 of the US Code .
The Revenue Act of 1926 was actually passed in 1925 and affected income for the 1925 year. The effect of the law was to further lower income taxes. Corporate taxes were increased from 12.5% to 13.5% to help offset the loss in revenue.
Answer Link
BabygirlKenzie
BabygirlKenzie BabygirlKenzie
  • 19-11-2020

Answer:

B It increased the purchasing power of rich Americans.

Explanation:

Answer Link

Otras preguntas

what are some advantage of trading I only need 2 sentences nothing more p l z
You young 'uns wouldn't be hidin' any yellow hammer, would ya? What is the meaning of the phrase young 'uns as it is used in this sentence?
Women's suffrage would take many years to become a reality. Why did legislation giving women the right to vote take so long to pass--even though the plight of w
Which district shall have been previously ascertained by law
Which situation existed under the policy of apartheid in south africa?
The muscular system and the skeletal system work together so the body can do what? get oxygen digest food move pump blood
i need help please thanks​
Mass movement that involves rock and soil moving as a single unit a. creep c. landslide b. mudflow d. slump
Find the percent increase. Round to the nearest percent From 86 books to 138 books The percent increase is %.
What is 3.44555555 rounded to 3dp