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

To: Tenchusatsu who wrote (1481051)	8/26/2024 12:47:01 PM
From: Qone0	Respond to of 1580160

The Laffer curve as Laffer first drew it, was a parabolic bell curve. While its been debated where the max tax revenue is after Laffer drew the curve. The curve is this. One thing is for certain. >>The 91% top tax bracket under Eisenhower did NOT generate any revenue.<< how much revenue did the 91% tax braket generate under the eisenhower administartion Copilot Sent by Copilot: During President Dwight D. Eisenhower’s administration (1953–1961), the top income bracket in the United States reached a marginal tax rate of 91%. However, it’s essential to clarify that this rate applied to individual income taxes for top earners, not corporate taxes. The corporate tax rate during Eisenhower’s time ranged from 30% to 52%. So, while the 91% rate garnered significant revenue from high-income individuals, it did not directly apply to corporations. ??