Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Volume 2McGraw-Hill, 1963 - 605 pages |
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Page 166
... taxes should be reduced first . In general , farmers favored reductions in tariffs , while the industrialists , who were much more influential and articulate , insisted on the repeal of the income tax and certain " nuisance " taxes.1 In ...
... taxes should be reduced first . In general , farmers favored reductions in tariffs , while the industrialists , who were much more influential and articulate , insisted on the repeal of the income tax and certain " nuisance " taxes.1 In ...
Page 222
... Income Tax of 1894. While the Act eliminated the reciprocity clause of the McKinley bill , repealed the bounty on sugar , and restored the duty on raw sugar , its most important feature was the income tax clause . It was added to the ...
... Income Tax of 1894. While the Act eliminated the reciprocity clause of the McKinley bill , repealed the bounty on sugar , and restored the duty on raw sugar , its most important feature was the income tax clause . It was added to the ...
Page 223
... revenue , and the Wilson tariff bill would reimpose a duty on sugar which would bear most heavily on the poor . It was contended that the income tax would provide the additional revenue and that , in all fairness , it should be imposed ...
... revenue , and the Wilson tariff bill would reimpose a duty on sugar which would bear most heavily on the poor . It was contended that the income tax would provide the additional revenue and that , in all fairness , it should be imposed ...
Other editions - View all
Financial History of the United States: Fiscal, Monetary, Banking, and ... Paul Studenski,Herman Edward Krooss No preview available - 2011 |
Financial History of the United States: Fiscal, Monetary, Banking, and ... Paul Studenski,Herman Edward Krooss No preview available - 2011 |
Common terms and phrases
addition administration American Annual Report balance bank notes bank reserves bankers banking system became began bill Bland-Allison Act Board borrowing budget capital cash certificates circulation cities Civil coin colonies commercial banks Committee Comptroller Congress corporate cost currency declined deficit demand deposits depression duties economic established estimated excises expansion export Federal government Federal Reserve Federal Reserve Act Federal Reserve Board Federal Reserve System finance fiscal policy foreign funds gold standard government bonds greenbacks important imposed income tax increased inflation interest rates investment issue June land levied loans member banks ment monetary monetary policy money market money supply municipal National Bank Act national banks operations paper money payments pensions period President proposed purchase receipts recommended redeem reduced refunding repealed retirement revenue Secretary securities Senate silver sold specie spending surplus tariff taxation tion Treasury notes Treasury's United veto York