Taxes Have Consequences : An Income Tax History of the United States
Book Details
Format
Hardback or Cased Book
ISBN-10
1637585640
ISBN-13
9781637585641
Publisher
Post Hill Press
Imprint
Post Hill Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Sep 27th, 2022
Weight
669 grams
Product Classification:
History of the AmericasEconomic systems & structuresEconomic historyHistory of the Americas
Ksh 5,250.00
Werezi Extended Catalogue
0 in stock
Delivery Location
Delivery fee: Select location
Secure
Quality
Fast
As seen on Kudlow on the FOX Business Network!
The definitive history of the effect of the income tax on the economy.
Ever since 1913, when the United States first imposed the income tax via constitutional amendment, the top rate of that tax has determined the fate of the American economy. When the top rate has been high, as in the late 1910s, the 1930s, 1940s, 1950s, and 1970s, the response of those with money and capital has been to curtail real economic activity in favor of protecting assets and income streams. Huge declines have come to the economy in these circumstances. The most brutal example was the Great Depression itself. When the top tax rate has been cut and held at reduced levelsas in the 1920s, the 1960s, in the long boom of the 1980s and 1990s, and briefly in the late 2010sastonishing reversals have occurred. The rich have brought their money out of hiding and put it to work in the economy. The huge swings in the American economy since 1913 have had an inverse relationship to income tax rates.
The definitive history of the effect of the income tax on the economy.
Ever since 1913, when the United States first imposed the income tax via constitutional amendment, the top rate of that tax has determined the fate of the American economy. When the top rate has been high, as in the late 1910s, the 1930s, 1940s, 1950s, and 1970s, the response of those with money and capital has been to curtail real economic activity in favor of protecting assets and income streams. Huge declines have come to the economy in these circumstances. The most brutal example was the Great Depression itself. When the top tax rate has been cut and held at reduced levelsas in the 1920s, the 1960s, in the long boom of the 1980s and 1990s, and briefly in the late 2010sastonishing reversals have occurred. The rich have brought their money out of hiding and put it to work in the economy. The huge swings in the American economy since 1913 have had an inverse relationship to income tax rates.
Get Taxes Have Consequences by at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Post Hill Press and it has pages.
