Jump to content

Revenue Act of 1935

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by No1cubfan (talk | contribs) at 01:05, 12 April 2006. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

The Revenue Act of 1935 raised United States taxes on higher income levels, corporations, and gifts and estates.

It was signed into law by President Franklin D. Roosevelt as part of his second new deal. Known also as the "Soak the Rich Tax."