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Supported by the Democrats, this attempt at tariff reform is important because it imposed an income tax of two per cent to make up for revenue that would be lost by tariff reductions. The bill introduced by Wilson and passed by the House would have made significant reforms. However, by the time the bill passed the Senate, it had more than 600 ammendments attached which nullified most of the reforms.
President Grover Cleveland, who had campaigned on tariff reform and supported Wilson's version of the bill, declined to actively support Gorman's revision, although he allowed the bill to become law without his signature, believing that it was better than nothing and was at the least an improvement over the McKinley tariff.
The income tax provision was struck down in the U.S. Supreme Court case Pollock v. Farmers' Loan & Trust Company 157 US 428 1895. Ultimately, the 16th AmendmentAmendment XVI (the Sixteenth Amendment of the United States Constitution, authorizing income taxes in their present form, was ratified on February 3, 1913. It states: The Congress shall have power to lay and collect taxes on incomes, from whatever source made the income tax constitutional when it was finally ratified in 19131913 is a common year starting on Wednesday. click on link for calendar) Events January-March January 30 House of Lords rejects Irish Home Rule Bill February 1 New York City's Grand Central Station opens as the world's largest train station. February 3 Th.
The tariff provisions of Wilson-Gorman were superceded by the Dingley TariffThe Dingley Tariff of 1897, introduced by U. Representative Nelson Dingley, Jr. of Maine, raised tariffs in United States to counteract the Wilson-Gorman tariff of 1894, which had lowered rates. Under the Dingley tariff, rates reached a new high, averagin of 1897Events January 1 Brooklyn, New York merges with New York City. January 4 A British force is ambushed by Chief Ologbosheri, son-in-law of the Oba of Benin. This leads to a Punitive Expedition against Benin. February 2 The Pennsylvania state capitol is dest.