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

If x = 3, y=-1 is a solution of the equation 3x - 2y = k, then k is : (a) 12 (b) 10 (c) 7 (d)11
Janelle came to bat 464 times in 131 games. At this rate, how many times should she expect to have at bat in a full season of 162 games?
How does a cell know which genes to express.
Suppose y varies jointly as × and z. What is y when × = 2 and z = 3, if y = 20 when × = 4 and z = 3?
How did the ottoman empire maintain power.
Please help me solve this
PLS HELP. IM NOT GOOD AT THIS.
-5 1/5 + 3.7 + 5 1/10 how to solve
Which of the following statements accurately describes a pedigree chart? 1. A pedigree chart is used to predict the genotype of offspring. 2. A pedigree chart t
what gas exchange happens in the respiratory system and what is the large blood vessel that carries blood from the heart to the lungs.