United States Revenue Act Of 1913

An act to reduce tariff duties and to provide revenue for the government and for other purposes.

United states revenue act of 1913. 16 october 3 1913 re imposed the federal income tax after the ratification of the sixteenth amendment and lowered basic tariff rates from 40 to 25 well below the payne aldrich tariff act of 1909. According to the united states government publishing office the following states ratified the amendment. The act was sponsored by representative oscar underwood passed by the 63rd united states congress and signed into law by president woodrow wilson. Wilson and other members of the democratic party had long seen high tariffs as equivalent to unfair taxes on consumers and tariff reduction was president wilson s.

The revenue act of 1913 which greatly lowered tariffs and implemented a federal income tax was enacted shortly after the sixteenth amendment was ratified. The revenue act of 1913 passed the house 281 to 139 in may 1913. The revenue act of 1913 also known as the tariff act the underwood tariff the underwood act the underwood tariff act or the underwood simmons act ch. Politically it was considered a major triumph for president woodrow wilson.

114 october 3 1913 re imposed the federal income tax following the ratification of the sixteenth amendment and lowered basic tariff rates from 40 to 25 well below the payne aldrich tariff act of 1909. The revenue act of 1913 also known as the underwood tariff or the underwood simmons act re established a federal income tax in the united states and substantially lowered tariff rates. The 1913 act established the lowest rates since the walker tariff of 1857. The united states revenue act of 1913 also known as the tariff act underwood tariff or underwood simmons act re imposed the federal income tax following the ratification of the sixteenth amendment and lowered basic tariff rates from 40 to 25 well below the payne aldrich tariff act of 1909.

The underwood tariff aka revenue act of 1913 or the underwood simmons act was a federal law passed during the era of the progressive movement that substantially reduced the average tariff on imported goods. Wilson used his patronage powers to guide it to senate passage 44 to 37 in september 1913. Volume 38 statutes at large 63rd congress session i chapter 16 p. The united states revenue act of 1913 also known as the tariff act underwood tariff underwood tariff act or underwood simmons act ch.