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

Files

http://resources.presidentwilson.org/wp-content/uploads/2018/06/Temp00494C.pdf

Tags

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.