Revenue Act of 1948
id:
revenue-act-of-1948-249-12763168
title:
Revenue Act of 1948
text:
The United States Revenue Act of 1948 reduced individual income tax rates 5-13 percent, increased the personal exemption amount from $500 to $600, permitted married couples to split their incomes for tax purposes, made the distinction between community property jurisdictions and non-community property jurisdictions less relevant in the administration of the income, estate, and gift taxes, and provided additional exemption for taxpayers age 65 and older. The Revenue Act of 1948 was vetoed by Pres
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Revenue_Act_of_1948
date created:
date modified:
2024-02-13T11:59:59Z
main entity:
{"identifier":"Q7317983","url":"https://www.wikidata.org/entity/Q7317983"}
image:
fields total:
13
integrity:
13