3 years ago

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

1 answer:

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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:

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Viefleur [7K]

Answer:

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Explanation:

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torisob [31]

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faltersainse [42]

I would have to say the answer is Patriotism

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