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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (511732)9/9/2009 4:54:35 PM
From: HPilot  Respond to of 1579131
 
Prior to the start of the Depression, Hoover's first Treasury Secretary, Andrew Mellon, had proposed, and saw enacted, numerous tax cuts, which cut the top income tax rate from 73% to 24%.

Completly wrong the tax was 25% from 1925 through 31. Look it up yourself.

taxfoundation.org