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.
History [edit]. It was the first change in tariff laws since the Dingley Act of 1897. President William Howard Taft called Congress into a special session in 1909 shortly after his inauguration to discuss the issue.Thus, the House of Representatives immediately passed a tariff bill sponsored by Payne, calling for reduced tariffs.n additional provision of the bill provided for the creation of a tariff board to study the problem of tariff modification in full and to collect information on the subject for the use of Congress and the President in future tariff considerations.