How did tax rates change for top earners in the 1920s

History

1 answer:

Mrrafil [7]2 years ago

6 0

Answer:

As the marginal tax rate on those high‐income earners was cut sharply from 60 percent or more (to a maximum of 73 percent) to just 25 percent, taxes paid by that group soared from roughly $300 million to $700 million per year. ... The tax cuts allowed the U.S. economy to grow rapidly during the mid‐ and late‐1920s.

Explanation:

You might be interested in

Often symbolized by Rosie the Riveter this group experienced expanded employment opportunities in Industries and Manufacturing d

Kamila [148]

I would say "women", although that seems a little simplistic.

7 0

3 years ago

How did hitler die in the years and what cause his gf to leave him

Shalnov [3]

Answer:

Adolf Hitler, dictator of Germany, burrowed away in a refurbished air-raid shelter, consumes a cyanide capsule, then shots himself with a pistol, on April 30, 1945, as his “1,000-year” Reich collapses above him

Adolfs wife/girlfriend also died, she died by poisoning

3 0

3 years ago

In which non-European area did the French have the MOST influence at the start of the 1700s?

Kobotan [32]

Answer:

The Americas.

Explanation:

Because theys set up colonies in the Americas to circulate trade of goods.

5 0

3 years ago

Which of the following offers the best description of the "first New Deal"

ryzh [129]

Explanation:

Koi is not first near Dell its New Delhi got it

8 0

3 years ago

What was the pharaohs family life like

tatiyna

A pharaohs family life is manly with riches. The would have servants bring them what they wanted and desired. A pharaohs family would also pay for the pyramid that took 20 years to make.

6 0

3 years ago

How did tax rates change for top earners in the 1920s￼

How did tax rates change for top earners in the 1920s