The tax hikes marked a major fiscal response to the Depression, fueling public debate over Hoover's economic policies and influencing political sentiment during the 1932 election.
President Hoover signed the Revenue Act of 1932 into law, enacting broad increases in federal taxes as an emergency measure to address the budget deficit.
The tax hikes marked a major fiscal response to the Depression, fueling public debate over Hoover's economic policies and influencing political sentiment during the 1932 election.
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Trump outlined new demands for a sanctions bill targeting Iran and Russia.
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