takiyahbyars0711 takiyahbyars0711

15-09-2022
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how did the underwood tariff 1913 affect the american population

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alexiswright62 alexiswright62

15-09-2022

Answer:

The Revenue Act of 1913 lowered average tariff rates from 40 percent to 26 percent. It also established a one percent tax on income above $3,000 per year; the tax affected approximately three percent of the population.

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