Revenue Act of 1942
E125221
The Revenue Act of 1942 was a major U.S. tax law that greatly expanded the federal income tax base and increased rates to help finance American involvement in World War II.
All labels observed (3)
| Label | Occurrences |
|---|---|
| Revenue Act of 1941 | 1 |
| Revenue Act of 1942 canonical | 1 |
| Revenue Acts of 1942 and 1943 | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T1083735 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Revenue Act of 1942 Context triple: [77th United States Congress, passedLegislation, Revenue Act of 1942]
-
A.
Revenue Act of 1934
The Revenue Act of 1934 was a New Deal-era U.S. federal tax law that increased income and corporate taxes to raise government revenue during the Great Depression.
-
B.
Revenue Act of 1935
The Revenue Act of 1935 was a New Deal-era U.S. federal law that significantly increased taxes on high incomes, large inheritances, and corporate profits in an effort to redistribute wealth during the Great Depression.
-
C.
Budget and Accounting Act of 1921
The Budget and Accounting Act of 1921 is a landmark U.S. federal law that centralized the national budgeting process in the executive branch and established modern mechanisms for federal budget preparation and oversight.
-
D.
Wheeler-Rayburn Act
The Wheeler-Rayburn Act is a New Deal-era U.S. federal law that restructured and regulated electric utility holding companies to curb monopolistic practices and protect consumers and investors.
-
E.
Enabling Act of 1933
The Enabling Act of 1933 was a pivotal German law that granted Adolf Hitler’s government the power to enact legislation without parliamentary consent, effectively establishing his dictatorial rule.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Revenue Act of 1942 Target entity description: The Revenue Act of 1942 was a major U.S. tax law that greatly expanded the federal income tax base and increased rates to help finance American involvement in World War II.
-
A.
Revenue Act of 1934
The Revenue Act of 1934 was a New Deal-era U.S. federal tax law that increased income and corporate taxes to raise government revenue during the Great Depression.
-
B.
Revenue Act of 1935
The Revenue Act of 1935 was a New Deal-era U.S. federal law that significantly increased taxes on high incomes, large inheritances, and corporate profits in an effort to redistribute wealth during the Great Depression.
-
C.
Budget and Accounting Act of 1921
The Budget and Accounting Act of 1921 is a landmark U.S. federal law that centralized the national budgeting process in the executive branch and established modern mechanisms for federal budget preparation and oversight.
-
D.
Wheeler-Rayburn Act
The Wheeler-Rayburn Act is a New Deal-era U.S. federal law that restructured and regulated electric utility holding companies to curb monopolistic practices and protect consumers and investors.
-
E.
Enabling Act of 1933
The Enabling Act of 1933 was a pivotal German law that granted Adolf Hitler’s government the power to enact legislation without parliamentary consent, effectively establishing his dictatorial rule.
- F. None of above. chosen
Statements (38)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
ⓘ
tax law ⓘ |
| appliesToJurisdiction |
United States government
ⓘ
surface form:
United States federal government
|
| country |
United States of America
ⓘ
surface form:
United States
|
| enactedDuring | World War II ⓘ |
| enactedDuringPresidencyOf |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
| enactedInYear | 1942 ⓘ |
| field |
public finance
ⓘ
taxation ⓘ |
| finances | United States war effort in World War II ⓘ |
| follows |
Revenue Act of 1938
ⓘ
Revenue Act of 1942 self-linksurface differs ⓘ
surface form:
Revenue Act of 1941
|
| governmentBranch | legislative branch of the United States ⓘ |
| hasCategory |
1942 in American law
ⓘ
United States federal taxation legislation ⓘ United States home front during World War II ⓘ
surface form:
World War II home front in the United States
|
| hasEffectOn |
corporate income tax
ⓘ
excess profits tax ⓘ individual income tax ⓘ withholding and collection of taxes ⓘ |
| historicalSignificance |
marked a major shift toward mass income taxation in the United States
ⓘ
substantially increased the share of the population paying federal income tax ⓘ |
| implementedPolicy | broader tax base with higher rates ⓘ |
| language | English ⓘ |
| legalForm | Act of Congress ⓘ |
| legislativeBody | United States Congress ⓘ |
| mainEffect |
broadened the number of Americans subject to income tax
ⓘ
greatly expanded the federal income tax base ⓘ increased federal income tax rates ⓘ raised additional revenue for war expenditures ⓘ |
| partOf | United States federal tax system ⓘ |
| purpose |
to help finance American involvement in World War II
ⓘ
to increase federal tax revenues ⓘ |
| regulates |
federal income taxation of corporations
ⓘ
federal income taxation of individuals ⓘ |
| signedBy |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
| signingPresident |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
| startPointInTime | 1942 ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Revenue Act of 1942 Description of subject: The Revenue Act of 1942 was a major U.S. tax law that greatly expanded the federal income tax base and increased rates to help finance American involvement in World War II.
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Revenue Acts of 1942 and 1943
this entity surface form:
Revenue Act of 1941