Question

What effect did the Revenue Act of 1926 have on Americans?


It raised the estate taxes Americans had to pay.


It increased the purchasing power of rich Americans.


It provided tax relief in cases of natural disasters.


It reformed the nation's system of taxation.

Answer 1

A? D?

Answer 2

D The United States Revenue Act of 1926, 44 Stat. 9, reduced inheritance and personal income taxes, cancelled many excise imposts, eliminated the gift tax and ended public access to federal income tax returns.

Answer 3

than you!

Answer 4

thank*

Answer 5

no problem

Answer 6

D. Is incorrect.. /: Will post correct answer, for future reference