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President Calvin Coolidge signing the income tax bill which established the U.S. Board of Tax Appeals; Andrew Mellon is the third figure from the right.. The first incarnation of the Tax Court was the "U.S. Board of Tax Appeals", established by Congress in the Revenue Act of 1924 [4] [5] (also known as the Mellon tax bill) in order to address the increasing complexity of tax-related litigation.
Economic growth in 2011 went from 2.7% to 3.9% and in 2012 and 2013, from 1% and 2.5% to 1.8% and 2.7% respectively. The 2014 GDP, which was released using the new methodology, grew by 0.1%, resulting in an average of 2.2% per year in the first term, the lowest since the Collor government .
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