The Underwood Tariff Act of 1913 reduced the rates set by the Payne-Aldrich Tariff Act of 1909 from 40 percent to 25 percent, greatly enlarged the list of untaxed goods, and included a modest income tax.
John Grisham's site, somewhat more humble, is introduced as "A New Spin on Suspense," and includes a modest letter from the Doubleday author in which he says: "I'd like to welcome you to my Web site, something I know very little about.
The first item in Wilson's program was tariff reform, a perennial Democratic objective since the Civil War; the president's measure, the Underwood Tariff Act of 1913, reduced average rates from 40 percent to 25 percent, greatly enlarged the free list, and included a modest income tax.
A balanced program to secure weapons material and technology must include a modest effort to engage scientists with dangerous expertise.
Negotiations are still ongoing, but the US seems to be alone in pushing to include a modest amount of environmental protection in the final text of the agreement.
One possibility would be to establish a new source of revenue, perhaps through revenue-increasing tax reform, and possibly including a modest value-added tax (that is, a V.A.T. of 5 percent to 6 percent).
But it avoids large short-run spending cuts, which would hobble our recovery at a time when unemployment is still disastrously high, and it even includes a modest amount of stimulus spending.
He said his plans still included a modest housing project for senior citizens and a world-class spa.
Its preceding quarter, the fiscal first quarter, included a modest beat on both the top and bottom lines of its income statement.
This survey has inherent limitations, including a modest response rate, optional participation without incentives, and inability to capture many patient level data including acute symptomatology.
