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What is an underwood tariff?

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1 vote

Answer:

which substantially reduce import fees and enacted a graduated income tax under approval of the recent 16th amendment

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User Bimal Das
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Answer:

from what i have found The Revenue Act of 1913, also known as the Underwood Tariff or the Underwood-Simmons Act, re-established a federal income tax in the United States and substantially lowered tariff rates.

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User Shin
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