What effect did the Revenue Act of 1926 have on Americans? a) It raised the estate taxes Americans had to pay. b) It increased t

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3 years ago

5

What effect did the Revenue Act of 1926 have on Americans? a) It raised the estate taxes Americans had to pay. b) It increased t

he purchasing power of rich Americans. c) It provided tax relief in cases of natural disasters. d) It reformed the nation's system of taxation.

History

1 answer:

Anna007 [38] · Answer 1 · 2022-06-04T02:30:19+03:00

Anna007 [38]3 years ago

5 0

The Revenue Act of 1926, which was signed by President Coolidge, mainly had an effect on upper-class Americans, because it eliminated many inheritance and "gift" taxes.
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