A RECONSIDERATION OF THE REVENUE ACT OF 1932
The Revenue Act of 1932 surpassed any previous American peacetime tax increase. To many economists a tax increase is an inappropriate response to depression. Notwithstanding, the tax reduced fears about financial instability by temporarily resolving uncertainty about the federal budget.
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| Format: | Article |
| Language: | English |
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Economic & Business History Society
2006-06-01
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| Series: | Essays in Economic and Business History |
| Online Access: | https://www.ebhsoc.org/journal/index.php/ebhs/article/view/162 |