Search results
Results from the WOW.Com Content Network
President Lyndon Johnson signed the legislation into law on June 28, 1968. Though the act imposed a 10 percent surcharge overall, Johnson noted its limited effects on some, saying just before signing the bill, "A family of four earning less than $5,000 ($45,211 in 2024 dollars) would pay nothing additional.
The United States Revenue Act of 1964 (Pub. L. 88–272), also known as the Tax Reduction Act, was a tax cut act proposed by President John F. Kennedy, passed by the 88th United States Congress, and signed into law by President Lyndon B. Johnson. The act became law on February 26, 1964.
The Johnson Amendment is a provision in the U.S. tax code, since 1954, that prohibits all 501(c)(3) non-profit organizations from endorsing or opposing political candidates. Section 501(c)(3) organizations are the most common type of nonprofit organization in the United States, ranging from charitable foundations to universities and churches.
June 28 – President Johnson signs H.R. 15951 into law, stating that Memorial Day, Veterans Day, and Washington's Birthday will be celebrated on Mondays. [147] President Johnson signs the Revenue and Expenditure Control Act of 1968 into law. The legislation imposes a temporary 10 percent income tax surcharge on both individuals and ...
Listed below are executive orders numbered 11128–11451 signed by United States President Lyndon B. Johnson (1963–1969). He issued 325 executive orders. [ 9 ] His executive orders are also listed on Wikisource , along with his presidential proclamations .
The Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin was named in his honor, as is the Lyndon B. Johnson National Grassland. Also named for him are schools in Austin and Laredo, Texas; Melbourne, Florida; and Jackson, Kentucky. Interstate 635 in Dallas is named the Lyndon B. Johnson
Previous examples of a broadly-levied surtax in the United States include one imposed to help finance the Vietnam War during the Lyndon Johnson administration. It essentially consisted of calculating one's ordinary federal income tax liability and then adding another 10% to it, the amount of the surtax.
U.S. intensive chicken farming led to the 1961–1964 "Chicken War" with Europe. The Chicken Tax is a 25 percent tariff on light trucks (and originally on potato starch, dextrin, and brandy) imposed in 1964 by the United States under President Lyndon B. Johnson in response to tariffs placed by France and West Germany on importation of U.S. chicken. [1]