Revenue Act of 1934
E39121
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.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Revenue Act of 1934 canonical | 2 |
How this entity was disambiguated
This entity first appeared as the object of triple T303532 — 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 1934 Context triple: [Revenue Act of 1935, follows, Revenue Act of 1934]
-
A.
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.
-
B.
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.
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C.
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.
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D.
Internal Revenue Code
The Internal Revenue Code is the comprehensive body of federal tax law in the United States that governs the assessment and collection of most national taxes.
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E.
’34 Act
The ’34 Act is a foundational U.S. federal securities law that regulates secondary trading of securities, mandates ongoing disclosure by public companies, and established the Securities and Exchange Commission (SEC).
- 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 1934 Target entity description: 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.
-
A.
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.
-
B.
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.
-
C.
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.
-
D.
Internal Revenue Code
The Internal Revenue Code is the comprehensive body of federal tax law in the United States that governs the assessment and collection of most national taxes.
-
E.
’34 Act
The ’34 Act is a foundational U.S. federal securities law that regulates secondary trading of securities, mandates ongoing disclosure by public companies, and established the Securities and Exchange Commission (SEC).
- F. None of above. chosen
Statements (39)
| Predicate | Object |
|---|---|
| instanceOf |
New Deal legislation
ⓘ
United States federal statute ⓘ tax law ⓘ |
| aimedAt | increasing federal revenue without resorting solely to borrowing ⓘ |
| appliesToJurisdiction |
United States government
ⓘ
surface form:
United States federal government
|
| associatedWith |
Democratic Party
ⓘ
surface form:
Democratic Party (United States)
Roosevelt administration ⓘ |
| chamberInvolved |
United States House of Representatives
ⓘ
United States Senate ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| field |
public finance
ⓘ
taxation ⓘ |
| follows | Revenue Act of 1932 ⓘ |
| government |
United States government
ⓘ
surface form:
Government of the United States
|
| hasEffect |
broadened the federal tax base
ⓘ
raised corporate income tax rates ⓘ raised individual income tax rates ⓘ |
| hasPurpose |
to increase corporate taxes
ⓘ
to increase federal revenue during the Great Depression ⓘ to increase income taxes ⓘ |
| historicalPeriod |
New Deal
ⓘ
surface form:
New Deal era
|
| implementedBy |
Internal Revenue Service
ⓘ
surface form:
Bureau of Internal Revenue
United States Department of the Treasury ⓘ |
| legalForm | public law ⓘ |
| legislativeBody | United States Congress ⓘ |
| locationOfEnactment | Washington, D.C. ⓘ |
| partOf | New Deal ⓘ |
| precedes | Revenue Act of 1935 ⓘ |
| presidentAtTimeOfSigning |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
| reasonForEnactment |
to address federal budgetary pressures during the Great Depression
ⓘ
to help finance New Deal programs ⓘ |
| regulates |
corporate income taxation
ⓘ
federal income taxation ⓘ |
| signedBy |
President Franklin D. Roosevelt
ⓘ
surface form:
Franklin D. Roosevelt
|
| temporalContext | Great Depression ⓘ |
| topic |
economic policy
ⓘ
federal budget ⓘ |
| typeOfTaxChanged |
corporate income tax
ⓘ
individual income tax ⓘ |
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 1934 Description of subject: 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.
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.