Revenue Act of 1962

E750146

The Revenue Act of 1962 was a U.S. federal tax law that introduced investment tax credits and other measures aimed at stimulating economic growth and encouraging business investment during the Kennedy administration.

All labels observed (1)

Label Occurrences
Revenue Act of 1962 canonical 1

How this entity was disambiguated

Statements (41)

Predicate Object
instanceOf Act of Congress ⓘ
United States federal tax law ⓘ
aimedAt increasing productivity in the private sector ⓘ
reducing unemployment through growth ⓘ
appliesToJurisdiction United States federal government ⓘ
associatedWith New Frontier domestic agenda ⓘ
linked to: New Frontier
containsProvision investment tax credit ⓘ
country United States ⓘ
economicContext early 1960s U.S. economy ⓘ
encourages capital expenditures by firms ⓘ
investment in machinery and equipment ⓘ
fieldOfLaw fiscal policy ⓘ
tax law ⓘ
follows Internal Revenue Code of 1954 ⓘ
governmentBranch legislative branch of the United States ⓘ
hasEffect encourage business investment ⓘ
stimulate economic growth ⓘ
hasLanguage English ⓘ
hasPresidentAtEnactment John F. Kennedy ⓘ
hasTaxInstrument corporate income tax adjustment ⓘ
tax credit ⓘ
implementsPolicy supply-side investment incentives ⓘ
introducedDuringAdministrationOf John F. Kennedy ⓘ
isPartOfSeries United States revenue acts ⓘ
legalForm public law of the United States ⓘ
legislativeBody United States Congress ⓘ
mainSubject federal income tax ⓘ
investment incentives ⓘ
taxation ⓘ
partOf Kennedy administration economic program ⓘ
policyObjective economic expansion ⓘ
increase private capital formation ⓘ
modernize business equipment ⓘ
regulates corporate tax obligations ⓘ
federal tax liabilities ⓘ
targetPopulation businesses ⓘ
corporations ⓘ
investors ⓘ
timePeriod 1960s ⓘ
typeOfTaxChange modification of business tax treatment ⓘ
tax incentives for investment ⓘ

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 → precededBy → Revenue Act of 1962 ⓘ