Revenue Act of 1932
E212873
The Revenue Act of 1932 was a U.S. federal law enacted during the Great Depression that sharply increased taxes to address mounting budget deficits and stabilize government finances.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Revenue Act of 1932 canonical | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T1874955 — 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 1932 Context triple: [Revenue Act of 1934, follows, Revenue Act of 1932]
-
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.
Revenue Act of 1942
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.
-
D.
Revenue Act of 1918
The Revenue Act of 1918 was a major U.S. federal tax law that sharply increased income and excess profits taxes to help finance American involvement in World War I and reshape the nation’s fiscal policy.
-
E.
Revenue Act of 1916
The Revenue Act of 1916 was a landmark U.S. federal tax law that significantly expanded income taxation and introduced new taxes to help finance the government in the lead-up to American involvement in World War I.
- 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 1932 Target entity description: The Revenue Act of 1932 was a U.S. federal law enacted during the Great Depression that sharply increased taxes to address mounting budget deficits and stabilize government finances.
-
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.
Revenue Act of 1942
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.
-
D.
Revenue Act of 1918
The Revenue Act of 1918 was a major U.S. federal tax law that sharply increased income and excess profits taxes to help finance American involvement in World War I and reshape the nation’s fiscal policy.
-
E.
Revenue Act of 1916
The Revenue Act of 1916 was a landmark U.S. federal tax law that significantly expanded income taxation and introduced new taxes to help finance the government in the lead-up to American involvement in World War I.
- F. None of above. chosen
Statements (37)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
ⓘ
revenue act ⓘ tax law ⓘ |
| appliesTo | federal taxpayers in the United States ⓘ |
| containsProvisionsOn |
corporate income tax
ⓘ
estate tax ⓘ excise taxes ⓘ gift tax ⓘ individual income tax ⓘ postal rates ⓘ |
| controversy | criticized for raising taxes during economic downturn ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| effect |
broadened federal tax base
ⓘ
expanded excise taxes on goods and services ⓘ increased estate and gift taxes ⓘ raised corporate income tax rates ⓘ raised individual income tax rates ⓘ |
| enactedDuring | Great Depression ⓘ |
| historicalContext |
Hoover administration economic policy
ⓘ
pre–New Deal legislation ⓘ |
| impactOnPolicyDebate | intensified debate over balanced budget versus economic stimulus ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
federal government of the United States
|
| legislativeBody | United States Congress ⓘ |
| motivatedBy |
economic contraction during the Great Depression
ⓘ
falling federal revenues ⓘ mounting federal budget deficits ⓘ |
| partOf |
United States federal tax system
ⓘ
surface form:
United States federal tax history
|
| policyType | fiscal policy ⓘ |
| presidentAtEnactment | Herbert Hoover ⓘ |
| primaryPurpose |
increase federal tax revenues
ⓘ
reduce federal budget deficit ⓘ stabilize federal government finances ⓘ |
| replacedBy | Revenue Act of 1934 ⓘ |
| signedBy | Herbert Hoover ⓘ |
| subjectOf |
economic history research
ⓘ
political history studies ⓘ public finance analysis ⓘ |
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 1932 Description of subject: The Revenue Act of 1932 was a U.S. federal law enacted during the Great Depression that sharply increased taxes to address mounting budget deficits and stabilize government finances.
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.