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.
In the end, Congress adopted the Payne-Aldrich Tariff Act, which lowered 650 tariffs, raised 220 tariffs, and left 1,150 tariffs untouched. The act was signed enthusiastically by Taft in 1909, who believed that the compromise would preserve party unity.