Question

Which tax was introduced after First War to raise extra revenue?​

Answer 1

The tax which was introduced after the First World War in order to increase the revenue as much as possible was the Income Tax and the excess profit tax.

Explanation:

To raise the revenue in order to facilitate the expense of the war and also to counter the financial crisis, the United Kingdom levy the tax on the income as the income tax and the United States levied the taxes on excess profit which was primarily focused to the businesses.