What did the Underwood-Simmons Tariff create?

A. It created a board which had oversight over tariffs.

B. It abolished tax rates for imports and exports.

C. It created lower tax rates for imports and exports.

D. It created higher tax rates for imports and exports.

The United States Revenue Act of 1913 also known as the Tariff Act, Underwood Tariff, Underwood Act, Underwood Tariff Act, or Underwood-Simmons Act (ch. 16, 38 Stat. 114, October 3, 1913), re-imposed the federal income tax following the ratification of the Sixteenth Amendment and lowered basic tariff rates from 40% to 25%, well below the Payne-Aldrich Tariff Act of 1909. It was signed into law by President Woodrow Wilson on October 3, 1913, and was sponsored by Alabama Representative Oscar Underwood.