Calvin Coolidge


What tax policies did Coolidge pursue?

Coolidge signed into law two bills that reduced income taxes and eliminated the gift tax. The most significant of these laws, the Revenue Act of 1926, lowered taxes significantly across the board. He kept corporate taxes at a lower level than his predecessors. Coolidge’s policies seemingly helped the economy, as unemployment dropped and businesses profited. The stock market rose during Coolidge’s time in the White House.


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