Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Normal
I do not think so, he would have to pass one, but with a Democratic congress I doubt that would be a problem.Corporate taxes started in 1909 at 1% and reached as high as 53% during WWII. It was only in the 1980's that they were dropped back down as low as they are today. If anything can be blamed for the cause of such high tax rates, perhaps it would be WWII. While I have no problem paying high taxes for something like that, fighting the global war on poverty is hardly what I would deem a worthy cause. Once we got to the rate of 53% it stayed in the upper 40's for most of the time until it was dropped down in the 1980's to its current levels.
I do not think so, he would have to pass one, but with a Democratic congress I doubt that would be a problem.
Corporate taxes started in 1909 at 1% and reached as high as 53% during WWII. It was only in the 1980's that they were dropped back down as low as they are today.
If anything can be blamed for the cause of such high tax rates, perhaps it would be WWII. While I have no problem paying high taxes for something like that, fighting the global war on poverty is hardly what I would deem a worthy cause.
Once we got to the rate of 53% it stayed in the upper 40's for most of the time until it was dropped down in the 1980's to its current levels.
