asked 113k views
0 votes
What effect did the Revenue Act of 1926 have on Americans? a) It raised the estate taxes Americans had to pay. b) It increased the purchasing power of rich Americans. c) It provided tax relief in cases of natural disasters. d) It reformed the nation's system of taxation.

2 Answers

2 votes

Answer:

its not A or D

Step-by-step explanation:

Got it wrong

answered
User Misbah
by
8.1k points
6 votes
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.
answered
User Sambath
by
8.0k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.