| Wilson-gorman Tariff Act |
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Information AboutWilson-gorman Tariff Act |
| CATEGORIES ABOUT WILSON-GORMAN TARIFF ACT | |
| 1894 in law | |
| united states federal taxation legislation | |
| united states federal trade legislation | |
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Supported by the Democrat s, this attempt at tariff reform was important because it imposed an Income Tax of two percent to make up for revenue that would be lost by tariff reductions. The bill introduced by Wilson and passed by the House would have made significant reforms. However, by the time the bill passed the Senate, it had more than 600 amendments attached that nullified most of the reforms. The "Sugar Trust" in particular made changes that favored it at the expense of the consumer. President Grover Cleveland , who had campaigned on tariff reform 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. LEGACY The income tax provision was struck down in the U.S. Supreme Court case '' Pollock V. Farmers' Loan & Trust Company '', . Ultimately, the 16th Amendment made the income tax constitutional in 1913. The tariff provisions of Wilson-Gorman were superseded by the Dingley Tariff of 1897. REFERENCES
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