In what year was the Revenue Act passed?

The Revenue Act was passed in 1964 as part of President Lyndon B. Johnson's Great Society program, which aimed to reduce poverty and racial injustice. This act included significant changes to income tax and aimed to stimulate economic growth by cutting taxes. By reducing individual income tax rates, the legislation sought to increase consumer spending and thereby fuel the economy. The 1964 Revenue Act is often noted for its connection to the economic policies of the 1960s, specifically in the wake of the post-World War II economic boom, and reflects the broader goals of the Johnson administration to address social issues and improve the standard of living for many Americans.