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Revenue Act of 1951
The
United States
Revenue Act
of 1951
temporarily
increased
individual income tax
rates
through
1953
, and temporarily
raised
corporate tax
rates 5
percentage points
through
March 31
,
1954
.
Excise taxes
on
alcohol
,
tobacco
,
gasoline
, and
automobiles
were also temporarily increased through
March
31
, 1954.