About: Revenue Act of 1921

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The United States Revenue Act of 1921 (ch. 136, 42 Stat. 227, November 23, 1921) was the first Republican tax reduction following their landslide victory in the 1920 federal elections. New Secretary of the Treasury Andrew Mellon argued that significant tax reduction was necessary in order to spur economic expansion and restore prosperity.

Attributes	Values
rdf:type	album
rdfs:label	Revenue Act of 1921 (en)
rdfs:comment	The United States Revenue Act of 1921 (ch. 136, 42 Stat. 227, November 23, 1921) was the first Republican tax reduction following their landslide victory in the 1920 federal elections. New Secretary of the Treasury Andrew Mellon argued that significant tax reduction was necessary in order to spur economic expansion and restore prosperity. (en)
dcterms:subject	1921 in law 1921 in the United States United States federal taxation legislation
Wikipage page ID	1626248 (xsd:integer)
Wikipage revision ID	930464955 (xsd:integer)
Link from a Wikipage to another Wikipage	1921 in law 1921 in the United States United States federal taxation legislation Andrew Mellon Secretary of the Treasury Republican Party of the United States Excess profits tax U.S. House election, 1920
sameAs	Revenue Act of 1921 Revenue Act of 1921 Revenue Act of 1921
dbp:wikiPageUsesTemplate	dbt:USStat dbt:US_tax_acts
has abstract	The United States Revenue Act of 1921 (ch. 136, 42 Stat. 227, November 23, 1921) was the first Republican tax reduction following their landslide victory in the 1920 federal elections. New Secretary of the Treasury Andrew Mellon argued that significant tax reduction was necessary in order to spur economic expansion and restore prosperity. Mellon obtained repeal of the wartime excess profits tax. The top marginal rate on individuals fell from 73 to 58 percent by 1922, and preferential treatment for capital gains was introduced at a rate of 12.5 percent. Mellon had hoped for more significant tax reduction. (en)
gold:hypernym	Reduction
prov:wasDerivedFrom	wikipedia-en:Revenue_Act_of_1921?oldid=930464955&ns=0
page length (characters) of wiki page	4015 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Revenue_Act_of_1921
is Link from a Wikipage to another Wikipage of	Amendments to the Internal Revenue Laws of the United States Presidency of Calvin Coolidge Presidency of Warren G. Harding List of United States federal legislation, 1901–2001 United States v. Sullivan Timeline of the Warren G. Harding presidency Andrew Mellon Employee Stock Ownership Plan 67th United States Congress Warren G. Harding Capital gains tax in the United States History of taxation in the United States History of the United States government Revenue Act Supply-side economics
is Wikipage disambiguates of	Revenue Act
is LawsApplied of	United States v. Sullivan
is foaf:primaryTopic of	wikipedia-en:Revenue_Act_of_1921

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