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- Wilson–Gorman_Tariff_Act abstract "The Revenue Act or Wilson-Gorman Tariff of 1894 (ch. 349, §73, 28 Stat. 570, August 27, 1894) slightly reduced the United States tariff rates from the numbers set in the 1890 McKinley tariff and imposed a 2% income tax. It is named for William L. Wilson, Representative from West Virginia, chair of the U.S. House Ways and Means Committee, and Senator Arthur P. Gorman of Maryland, both Democrats.Supported by pro-free trade members of the Democratic Party, this attempt at tariff reform was important because it imposed the first peacetime income tax (2% on income over $4,000, or $88,100 in 2010 dollars, which meant fewer than 10% of households would pay any). The purpose of the income tax was to make up for revenue that would be lost by tariff reductions. By coincidence, $4,000 ($88,100 in 2010 dollars) would be the exemption for married couples when the Revenue Act of (October) 1913 was signed into law by President Woodrow Wilson, as a result of the ratification of the 16th Amendment to the U.S. Constitution in February 1913. The bill introduced by Wilson and passed by the House significantly lowered tariff rates, in accordance with Democratic platform promises, and dropped the tariff to zero on iron ore, coal, lumber and wool, which angered American producers. With Senator Gorman operating behind the scenes, protectionists in the Senate added more than 600 amendments that nullified most of the reforms and raised rates again. The "Sugar Trust" in particular made changes that favored itself at the expense of the consumer.President Grover Cleveland, who had campaigned on lowering the tariff and supported Wilson's version of the bill, was devastated that his program had been ruined. He denounced the revised measure as a disgraceful product of "party perfidy and party dishonor," but still allowed it to become law without his signature, believing that it was better than nothing and was at the least an improvement over the McKinley tariff.The Wilson-Gorman Tariff attracted much opposition in West Texas, where sheepraisers opposed the measure. A Republican, George H. Noonan, was elected to Congress from the district stretching from San Angelo to San Antonio but only for a single term. Among Noonan's backers was a former slave, George B. Jackson, a businessman in San Angelo often called "the wealthiest black man in Texas" in the late 19th century.".
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- Wilson–Gorman_Tariff_Act wikiPageWikiLink Arthur_P._Gorman.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink Arthur_Pue_Gorman.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink Category:1894_in_law.
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- Wilson–Gorman_Tariff_Act wikiPageWikiLink Category:United_States_federal_trade_legislation.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink Dingley_Act.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink George_B._Jackson.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink George_H._Noonan.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink Grover_Cleveland.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink History_of_the_United_States_Democratic_Party.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink Income_tax.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink Maryland.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink McKinley_Tariff.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink McKinley_tariff.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink Pollock_v._Farmers_Loan_&_Trust_Co..
- Wilson–Gorman_Tariff_Act wikiPageWikiLink San_Angelo,_Texas.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink San_Antonio.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink San_Antonio,_Texas.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink Sixteenth_Amendment_to_the_United_States_Constitution.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink Supreme_Court_of_the_United_States.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink Tariff_in_American_history.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink Tariffs_in_United_States_history.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink U.S._House_Ways_and_Means_Committee.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink U.S._Representative.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink U.S._Senator.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink United_States_House_Committee_on_Ways_and_Means.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink United_States_House_of_Representatives.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink United_States_Senate.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink West_Texas.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink William_Lyne_Wilson.
- Wilson–Gorman_Tariff_Act wikiPageWikiLink File:Grover_Cleveland_and_Wilson-Gorman_Tariff_Cartoon.jpg.
- Wilson–Gorman_Tariff_Act wikiPageWikiLinkText "1894".
- Wilson–Gorman_Tariff_Act wikiPageWikiLinkText "Wilson–Gorman Act of 1894".
- Wilson–Gorman_Tariff_Act wikiPageWikiLinkText "Wilson–Gorman Tariff Act".
- Wilson–Gorman_Tariff_Act hasPhotoCollection Wilson–Gorman_Tariff_Act.
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- Wilson–Gorman_Tariff_Act subject Category:1894_in_law.
- Wilson–Gorman_Tariff_Act subject Category:1894_in_the_United_States.
- Wilson–Gorman_Tariff_Act subject Category:United_States_federal_taxation_legislation.
- Wilson–Gorman_Tariff_Act subject Category:United_States_federal_trade_legislation.
- Wilson–Gorman_Tariff_Act comment "The Revenue Act or Wilson-Gorman Tariff of 1894 (ch. 349, §73, 28 Stat. 570, August 27, 1894) slightly reduced the United States tariff rates from the numbers set in the 1890 McKinley tariff and imposed a 2% income tax. It is named for William L. Wilson, Representative from West Virginia, chair of the U.S. House Ways and Means Committee, and Senator Arthur P.".
- Wilson–Gorman_Tariff_Act label "Wilson–Gorman Tariff Act".
- Wilson–Gorman_Tariff_Act sameAs m.0fgpc.
- Wilson–Gorman_Tariff_Act sameAs Q17148550.
- Wilson–Gorman_Tariff_Act sameAs Q17148550.
- Wilson–Gorman_Tariff_Act wasDerivedFrom Wilson–Gorman_Tariff_Act?oldid=651681100.
- Wilson–Gorman_Tariff_Act depiction Grover_Cleveland_and_Wilson-Gorman_Tariff_Cartoon.jpg.
- Wilson–Gorman_Tariff_Act isPrimaryTopicOf Wilson–Gorman_Tariff_Act.