I grew up in America my friend. Look it up
Posted on: January 18, 2020 at 18:17:25 CT
raskolnikov MU
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"During the first year of Reagan's presidency, federal income tax rates were lowered significantly with the signing of the Economic Recovery Tax Act of 1981, which lowered the top marginal tax bracket from 70% to 50% and the lowest bracket from 14% to 11%."
"Following World War II tax increases, top marginal individual tax rates stayed near or above 90%, and the effective tax rate at 70% for the highest incomes (few paid the top rate), until 1964 when the top marginal tax rate was lowered to 70%.
Stamp Act · Tariffs · Excise tax · Income tax