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The [[United States]] '''Revenue Act of 1943''' increased [[Federal Government of the United States|federal]] [[excise]] taxes on, among other things, [[alcohol]], [[jewelry]], [[telephone]]s, and [[admission]]s, and raised the [[excess profits tax]] rate from 90 % to 95 %.
The [[United States]] '''Revenue Act of 1943''' increased [[Federal Government of the United States|federal]] [[excise]] taxes on, among other things, [[alcohol (drug)|alcohol]], [[jewelry]], [[telephone]]s, and admissions, and raised the [[excess profits tax]] rate from 90% to 95%.<ref>[https://www.scribd.com/doc/24623080/PL-78-235-Revenue-Act-of-1943 Fascimile]</ref>


The 5 % [[Victory Tax]] was lowered to 3 %, and the postwar credit repealed.
The 5% [[Victory Tax]] was lowered to 3%, and the postwar credit repealed.

==References==
{{Reflist}}


{{US_tax_acts}}
{{US_tax_acts}}


{{DEFAULTSORT:Revenue Act Of 1943}}
[[Category:United States federal taxation legislation]]
[[Category:United States federal taxation legislation]]
[[Category:1943 in law]]
[[Category:1943 in American law]]
{{US-statute-stub}}

Revision as of 20:46, 16 April 2023

The United States Revenue Act of 1943 increased federal excise taxes on, among other things, alcohol, jewelry, telephones, and admissions, and raised the excess profits tax rate from 90% to 95%.[1]

The 5% Victory Tax was lowered to 3%, and the postwar credit repealed.

References