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The United States Revenue Act of 1926, 44 Stat. 9, reduced inheritance and personal income taxes, cancelled many excise imposts, eliminated the gift tax and ended public access to federal income tax returns. Passed by the 69th Congress, it was signed into law by President Calvin Coolidge. The act was applicable to incomes for 1925 and ...
Calvin Coolidge (born John Calvin Coolidge Jr. [1] / ˈ k uː l ɪ dʒ / KOOL-ij; July 4, 1872 – January 5, 1933) was the 30th president of the United States, serving from 1923 to 1929. A Republican lawyer from Massachusetts , he previously served as the 29th vice president from 1921 to 1923 under President Warren G. Harding , and as the 48th ...
The 1928 State of the Union Address was given by the 30th president of the United States, Calvin Coolidge, to a joint session of the 70th United States Congress on December 4, 1928. Delivered at a time of economic prosperity and international peace, Coolidge's message highlighted the nation's growing wealth, peaceful international relations ...
20 Great Tax Quotes. Morgan Housel, The Motley Fool. Updated July 14, 2016 at 6:51 PM. As part of tax day, here are 20 famous quips, complaints, and perspectives on the nation's tax code. 1. "This ...
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The act reduced the top marginal tax rate from 58 percent to 46 percent, but increased the estate tax and bolstered it with a new gift tax. [48] After his re-election in 1924, Coolidge sought further tax reductions, [ 49 ] and Congress cut taxes with the Revenue Acts of 1926 and 1928 .
The 1926 State of the Union Address was given by Calvin Coolidge, the 30th United States President, on Monday, December 6, 1926, to the United States House of Representatives, and the United States Senate. It was his fourth State of the Union Address and was delivered to the Congress in written format.
File:Speech on Taxes, Liberty, and the Philosophy of Government (1924), by Calvin Coolidge.ogv