Revenue Act of 1945

From Wikipedia, the free encyclopedia

The United States Revenue Act of 1945, Public Law 214, 59 Stat. 556 (Nov. 8, 1945), repealed the excess profits tax, reduced individual income tax rates (the top rate fell from 94 percent to 86.45 percent), and reduced corporate tax rates (the top rate dropped from 40 percent to 38 percent).[1]


  1. ^ Shoup, Carl S. (1 January 1945). "The Revenue Act of 1945". Political Science Quarterly. pp. 481–491. doi:10.2307/2144666. JSTOR 2144666. (Subscription required (help)). 

External links

  • Full text of the Act
Retrieved from ""
This content was retrieved from Wikipedia :
This page is based on the copyrighted Wikipedia article "Revenue Act of 1945"; it is used under the Creative Commons Attribution-ShareAlike 3.0 Unported License (CC-BY-SA). You may redistribute it, verbatim or modified, providing that you comply with the terms of the CC-BY-SA