War Revenue Act of 1898 War Revenue Act of 1898 The War Revenue Act of 1898 was legislation signed into law in the United States on June 13, 1898, which created a wide range of taxes to raise revenue for the American prosecution of the Spanish–American War. The legislation established the predecessor to the estate tax, and twice the Supreme Court of the United States issued rulings about the law. The War Revenue Act of 1898 was introduced to fund American participation in the Spanish–American War. The people of Cuba had been seeking independence from Spain for several years, and after the destruction of the
Battle of Santiago de Cuba tap markets for the products of American industry. Spanish Prime Minister Práxedes Mateo Sagasta did not seek war with the United States. He did not expect victory, but he knew Spanish citizens would likely revolt if he conceded to American demands in Cuba. Meanwhile, Spanish naval leaders tried to employ a strategy where they would not win the war outright, but rather resist the US Navy as much as possible. On May 1, 1898, American and Spanish naval forces met in the Philippines at the Battle of Manila Bay, which resulted in a decisive victory for the United States. The