Question

Sworn into Office on March of 1913, at the age of 56. When in Office, Wilson passed the Underwood-Simmons Act (Revenue Act of 1913) which made tariffs on manufactured goods substantially reduced, and many raw materials were exempt from import taxes.

a) True
b) False

Answer 1

The statement is true; President Wilson, at 56, did pass the Underwood-Simmons Act (Revenue Act of 1913) to lower tariffs and reinstitute the federal income tax in alignment with his New Freedom agenda.

Step-by-step explanation:

The statement in question is true. Sworn into office in March of 1913, President Woodrow Wilson was indeed 56 years old at the time. He passed the Underwood-Simmons Act, also known as the Revenue Act of 1913, which significantly reduced tariffs on manufactured goods and exempted many raw materials from import taxes. This was in line with Wilson's 'New Freedom' platform which aimed to regulate banks and big businesses while lowering tariff rates to encourage international trade and protect consumer interests. The reduction in tariffs was partly offset by the reinstatement of the federal income tax following the ratification of the Sixteenth Amendment.