In 1913, to offset the loss of revenues from other legislation, Congress passed a graduated income tax. decided to inflate the currency. increased business regulatory fees. raised the tariff on agricultural goods. passed heavy excise taxes on alcohol and tobacco.

In 1913, to offset the loss of revenues from other legislation, Congress

passed a graduated income tax.

decided to inflate the currency.

increased business regulatory fees.

raised the tariff on agricultural goods.

passed heavy excise taxes on alcohol and tobacco.

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