JSTOR is part of ITHAKA, a not-for-profit organization helping the academic community use digital technologies to preserve the scholarly record and to advance research and teaching in sustainable ways. (Of course, this isn't always the case; some legislation deals with a fairly narrow range of related concerns.). The Revenue Act of 1932 surpassed any previous American peacetime tax increase. Sometimes they are a way of recognizing or honoring the sponsor or creator of a particular law (as with the 'Taft-Hartley Act'). Some features of the site may not work correctly. Instead, those who classify laws into the Code typically leave a note explaining how a particular law has been classified into the Code.

169) raised United States tax rates across the board, with the rate on top incomes rising from 25 percent to 63 percent. Populist Revolt led to the Revenue Act of 1932.

On the other hand, legislation often contains bundles of topically unrelated provisions that collectively respond to a particular public need or problem. institution.

July 17th, 1932. Taxable Items included dye, chewing gum, furs, soft drinks, and sporting goods; firearms, shells, and cartridges; coal, coke, and copper ore; telegraph, telephone, cable, and radio dispatches; and checks, jewelry, matches, refrigerators, stamps, and toiletries, and this act enacted one of the first taxes on gasoline. Nor will a full-text search of the Code necessarily reveal where all the pieces have been scattered. 169). Fiscal Policy in the Shadow of the Great Depression, Monetary Policy, Loan Liquidation, and Industrial Conflict: The Federal Reserve and the Open Market Operations of 1932, A New Monthly Index of Industrial Production, 1884-1940, Explaining the Rate Spread on Corporate Bonds, Did Monetary Forces Cause the Great Depression, Financial flows across frontiers during the interwar depression, Wheelock , “ Inflation and Quality Spreads, By clicking accept or continuing to use the site, you agree to the terms outlined in our. THE NEW YORK TIMES, June 7, 1932 * Revenue Act of 1932 signed into law * Lead to the 1st Federal gas tax * President Herbert Hoover The front page has a three column headline: "PRESIDENT SIGNS $1,118,500,000 TAX BILL; SEES FINANCES NOW ON A 'SOUND BASIS'; DAWES QUITS THE RECONSTRUCTION BOARD" with subheads.

10236), approved June 6, 1932, is Public, No.

© 1996-2020, Amazon.com, Inc. or its affiliates. It was signed into law by President Herbert Hoover. There was an error retrieving your Wish Lists. To access this article, please, Access everything in the JPASS collection, Download up to 10 article PDFs to save and keep, Download up to 120 article PDFs to save and keep. This was followed in 1932 by the Revenue Act of 1932.

The Revenue Act of 1932 (June 6, 1932, ch. (See Exhibit 27, page 277.) 154 (47 Stat.


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