4 meanings of TPDES acronym and TPDES abbreviation. Get the definition of TPDES by All Acronyms dictionary. Top Definition: Texas Pollutant Discharge Elimination System
Originated in 1913, the income tax is one of them. The federal government raises revenue with the income tax, where it used tariffs prior. The Underwood Tariff Act of 1913 sought to control tariffs by reducing them and replacing lost revenue via the income tax.
Events and Accomplishments of Woodrow Wilsonâs Presidency: One of the first events of Wilson's presidency was the passage of the Underwood Tariff. This reduced tariff rates from 41 to 27%. It also created the first federal income tax after the passage of the 16th Amendment.