the excess profits tax was repealed, and the tax rate structure was adjusted to be less progressive. Many preferences were incorporated into tax law in the form of deductions,

Morris F. Frey has written:

'Needed reform in the present federal tax laws' -- subject(s): Excess profits tax, Income tax, Law and legislation

R. J. Sutcliffe has written:

'Excess profits duty and the cases decided thereon' -- subject(s): Excess profits tax, Finance, World War, 1914-1918

'Richard Sutcliffe' -- subject(s): Conveying machinery

William J. Sebald has written:

'Sundry new Japanese tax laws' -- subject(s): Taxation, Law and legislation, Securities, Taxation of bonds, securities, Bonds

'The excess profit tax law' -- subject(s): Excess profits tax

During the oil crisis in the USA there was shortage of fuel. Jimmy Carter's response was to request that the nation conserve fuel. He put on a sweater and announced on TV that he was turning his thermostat down to 55. He also got Congress to enact the Crude Oil Excess Profits Tax, actually an excess tax on crude oil.