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Politics : A US National Health Care System?

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To: Mary Cluney who wrote (5054)	2/29/2008 11:21:14 AM
From: Alastair McIntosh	of 42652

See: biographyplus.com Scroll down to: The second term, 1937-1941 The war placed increasing demands on the government to obtain funding for the war. The tax rate for the top income bracket had been raised to 79, and then 90%. In 1941, Roosevelt proposed a 99.5% rate on all incomes over $100,000. When that proposal failed, he issued an Executive Order to tax all income over $25,000 at 100%. Congress rescinded his executive order. However, he was successful in an advocacy of lowering of personal exemption to $600 which pushed many into paying income tax for the first time.

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