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It was a tax that lowerd tax rates.

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Ano ang batas Underwood-simmons 1913?

ano ang kahulugan ng underwood simmons


What did the Underwood Tariif do?

The Underwood Tariff lowered the basic tariff rate. It lowered the rate from 40 percent to 25 percent. It is also known as the Revenue Act of 1913, Underwood Act, and Tariff Act.


What did the Underwood Tariff Act of 1913 do?

protect infant industriesLevying an income tax


When did Franklin Simmons die?

Franklin Simmons died in 1913.


When did John C. Underwood die?

John C. Underwood died in 1913.


Who passed the Underwood tariff act?

The Underwood Tariff Act was passed by the United States Congress in 1913 during the administration of President Woodrow Wilson. It aimed to reduce tariffs and implement a graduated income tax, reflecting Wilson's progressive economic policies. The act was named after Congressman Oscar W. Underwood, who played a key role in its formulation and passage.


What other governmental action allowed Congress to include a provision for personal income tax in the Underwood Tariff Act in 1913?

The Sixteenth Amendment


How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?

Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?" Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?" Answering "How were the Payne-Aldrich Tariff and the Underwood Tariff Act similar?"


When was Dick Simmons born?

Dick Simmons was born on August 19, 1913, in St. Paul, Minnesota, USA.


What was Underwood act and why was it important?

The Underwood Act, officially known as the Underwood Tariff Act of 1913, was a significant piece of legislation that reduced tariffs on imported goods and implemented a federal income tax in the United States. It aimed to lower the protective tariffs that had benefited industrialists and instead promote competition and lower prices for consumers. The act was important because it marked a shift in U.S. economic policy towards a more progressive taxation system and laid the groundwork for modern tax structures, reflecting the growing influence of the Progressive Era reforms.


What are the release dates for A Small Time Act - 1913?

A Small Time Act - 1913 was released on: USA: 10 November 1913


When congress passed the Underwood tariff bill in 1913 it intend the legislation to?

lower tariff rates