Revenue Act of 1948

Revenue Act of 1948

The United States Revenue Act of 1948 reduced individual income tax rates 5-13 percent, increased the personal exemption amount from $500 to $600, permitted married couples to split their incomes for tax purposes, and provided additional exemption for taxpayers age 65 and older.

Inflation-adjusted numbers

[http://minneapolisfed.org/Research/data/us/calc/index.cfm Corrected for inflation] by CPI:


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Revenue Act — A number of tax related laws enacted by the United States Congress have been called the Revenue Act: * Revenue Act of 1766 * Revenue Act of 1861 * Revenue Act of 1862 * Revenue Act of 1894 * Revenue Act of 1913 * Revenue Act of 1916 * Revenue Act …   Wikipedia

  • Revenue Act of 1950 — The United States Revenue Act of 1950 eliminated a portion of the individual income tax rate reductions from the 1945 and 1948 tax acts, and increased the top corporate rate from 38 percent to 45 percent …   Wikipedia

  • Stamp Act 1765 — Duties in American Colonies Act 1765 Parliament of Great Britain Long title An act for granting and applying certain stamp duties, and other duties, in the British colonies and plantations in America, towards further defraying the expences o …   Wikipedia

  • Water Resources Development Act of 1986 — The Water Resources Development Act of 1986 (WRDA 1986) is part of USPL|99|662, a series of acts enacted by Congress of the United States on November 17, 1986. [ [http://thomas.loc.gov/cgi bin/bdquery/D?d099:1:./temp/ bdVNjS:@@@D summ2=m… …   Wikipedia

  • Controlled Substances Act — Acronym CSA Enacted by the 91st United States Congress Effective October 27, 1970 Citations Public La …   Wikipedia

  • Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 — Effective (Various dates for different provisions) Citations Public Law Public Law 111 312 Stat …   Wikipedia

  • History of rail transport in Great Britain 1948 - 1994 — This article is part of a series on the History of rail transport in Great Britain The History of rail transport in Great Britain 1948 1994 covers the period when the British railway system was nationalised under British Rail (initially known as… …   Wikipedia

  • Inland Revenue Authority of Singapore — The Inland Revenue Authority of Singapore is a statutory board of the Singapore Government in charge of tax collection.HistoryThe Singapore Income Tax Department was created in 1947 to administer the Income Tax Ordinance enacted during that… …   Wikipedia

  • Deficit Reduction Act of 1984 — The Deficit Reduction Act of 1984 (Pub.L. 98 369), also known as the DEFRA, was a federal law enacted in the United States in 1984.[1] Originally part of the stalled Tax Reform Act of 1983, it was adjusted and reintroduced as the Tax Reform Act… …   Wikipedia

  • American Recovery and Reinvestment Act of 2009 — Stimulus bill redirects here. For other uses, see Stimulus bill (disambiguation). ARRA redirects here. For other uses, see ARRA (disambiguation). American Recovery and Reinvestment Act of 2009 Full title An act making supplemental appropriations… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”