1913

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August 31, 2024 4 min read Definitions

Revenue Act of 1913: Introduction of U.S. Accumulated Earnings Tax

History Government Regulations Revenue Act 1913 Accumulated Earnings Tax U.S. Taxation Fiscal Policy

The Revenue Act of 1913 marked a significant shift in U.S. fiscal policy by introducing the accumulated earnings tax, fundamentally altering taxation by imposing levies on certain business income.

August 24, 2024 4 min read Definitions

1913 Federal Reserve Act: Definition and Significance

History Economics Federal Reserve Act 1913 Central Banking Monetary Policy U.S. Economy

An in-depth look at the 1913 Federal Reserve Act, its creation of the Federal Reserve System, and its pivotal role in U.S. monetary policy.