Public Law 88-272

E750145

Public Law 88-272 is the formal designation of the Revenue Act of 1964, a major U.S. federal law that significantly reduced income tax rates and stimulated economic growth during the Kennedy-Johnson era.

All labels observed (1)

Label Occurrences
Public Law 88-272 canonical 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf United States federal statute ⓘ
revenue act ⓘ
tax law ⓘ
affects corporate income tax ⓘ
individual income tax ⓘ
aimedTo encourage investment ⓘ
increase disposable income ⓘ
promote economic expansion ⓘ
alsoKnownAs Kennedy tax cut NERFINISHED ⓘ
amends Internal Revenue Code of 1954 NERFINISHED ⓘ
belongsTo United States tax reform acts ⓘ
classification federal revenue legislation ⓘ
componentOf United States federal tax code history ⓘ
country United States of America ⓘ
surface form: United States
dateSigned 1964-02-26 ⓘ
enactedBy 88th United States Congress NERFINISHED ⓘ
enactedDuringPresidencyOf Lyndon B. Johnson NERFINISHED ⓘ
goal reduce marginal tax rates ⓘ
stimulate demand ⓘ
support long-term economic growth ⓘ
historicalSignificance major mid-20th-century U.S. tax reduction ⓘ
introducedDuringPresidencyOf John F. Kennedy NERFINISHED ⓘ
jurisdiction United States government ⓘ
surface form: United States federal government
language English ⓘ
legalCitationForm Public Law 88-272 NERFINISHED ⓘ
legislativeChamber United States House of Representatives ⓘ
United States Senate ⓘ
legislativeHistoryContext Kennedy–Johnson era NERFINISHED ⓘ
officialName Revenue Act of 1964 NERFINISHED ⓘ
partOf Great Society–era legislation context ⓘ
policyArea macroeconomic policy ⓘ
public finance ⓘ
policyType fiscal policy ⓘ
presidentAtSigning Lyndon B. Johnson NERFINISHED ⓘ
primaryEffect reduced federal income tax rates ⓘ
stimulated economic growth ⓘ
primarySubject federal income taxation ⓘ
publicLawNumber Pub.L. 88-272 NERFINISHED ⓘ
region United States of America NERFINISHED ⓘ
sectorImpacted businesses ⓘ
households ⓘ
shortName Revenue Act of 1964 NERFINISHED ⓘ
signedBy Lyndon B. Johnson ⓘ
timeContext Cold War era ⓘ
timePeriod post–World War II U.S. economic policy ⓘ
yearEnacted 1964 ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Revenue Act of 1964 → publicLawNumber → Public Law 88-272 ⓘ