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Revision as of 04:15, 17 December 2009 by SmackBot (talk | contribs) (remove Erik9bot category,outdated, tag and general fixes)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff) | This article does not cite any sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Revenue Act of 1945" – news · newspapers · books · scholar · JSTOR (December 2009) (Learn how and when to remove this message) |
The United States Revenue Act of 1945 repealed the excess profits tax, reduced individual income tax rates (the top rate fell from 94 percent to 86.45 percent), and reduced corporate tax rates (the top rate dropped from 40 percent to 38 percent).
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