Revenue Act of 1951

The United States Revenue Act of 1951 temporarily increased individual income tax rates through 1953, and temporarily raised corporate tax rates 5 percentage points through March 31, 1954.

Excise taxes on alcohol, tobacco, gasoline, and automobiles were also temporarily increased through March 31, 1954.

External links


This article is issued from Wikipedia - version of the 6/24/2012. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.