Amendment to the Income Tax Rate
Title
Amendment to the Income Tax Rate
Creator
Simmons, Furnifold M. (Furnifold McLendel), 1854-1940
Identifier
WWP18000
Date
1913 September 4
Description
Furnifold McLendel Simmons encloses an amendment to the income tax rate in his letter to Woodrow Wilson.
Source
Wilson Papers, Library of Congress, Library of Congress, Washington, District of Columbia
Subject
Wilson, Woodrow, 1856-1924--Correspondence
Relation
WWP17995, WWP17999
Text
Committee
On line 3, page 166, after “$100,000” insert the following: 2 and does not exceed $250,000; 4 per centum per annum upon the amount of which the total net income exceeds $250,000 and does not exceed $500,000; and 5 per centum per annum upon the amount by which the total net income exceeds $500,00 and does not exceed $1,000,000; and 6 per centum per annum upon the amount by which the total net income exceeds $1,000,000.”
Original Format
Miscellaneous
Collection
Citation
Simmons, Furnifold M. (Furnifold McLendel), 1854-1940, “Amendment to the Income Tax Rate,” 1913 September 4, WWP18000, First Year Wilson Papers, Woodrow Wilson Presidential Library & Museum, Staunton, Virginia.