[T]he most successful Republican of the 20th century up to that time, Dwight D. Eisenhower, had been quite happy with a top income tax rate on millionaires of 91 percent. As he wrote to his brother Edgar Eisenhower in a personal letter on November 8, 1954:That was a marginal tax rate, of course, but still worth noting.[T]o attain any success it is quite clear that the Federal government cannot avoid or escape responsibilities which the mass of the people firmly believe should be undertaken by it. The political processes of our country are such that if a rule of reason is not applied in this effort, we will lose everything–even to a possible and drastic change in the Constitution. This is what I mean by my constant insistence upon ‘moderation’ in government. Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes you can do these things. Among them are H. L. Hunt [you possibly know his background], a few other Texas oil millionaires, and an occasional politician or business man from other areas. Their number is negligible and they are stupid.
Home » TYWKIWDBI » Eisenhower's 91% income tax rate
Wednesday, February 18, 2015
Eisenhower's 91% income tax rate
mariyam | 11:06 AM | politics | sociology | TYWKIWDBI
It wasn't that long ago:
Subscribe to:
Post Comments (Atom)
Search
Popular Posts
-
NPR used "data from the Census Bureau, which has two catch-all categories: "managers not elsewhere classified" and "sa...
-
An article at the BBC explores why so many Americans live in mobile homes . "Not everyone who lives in a trailer park is poor." ...
-
YouTube link . The StarTribune notes that this "sport" is gaining in popularity on Minnesota lakes. A jet pack mounts onto his fe...
-
... in order to get medical and funeral coverage for the accident which claimed the life of her husband. As a widow, Ms Bagley is seeking d...
-
I learned from reading Collector's Weekly that there are people who collect chewing gum. In the U.S., there are about half a dozen ser...
-
Excerpts from the original post at Life Without Buildings : With its hub-and-spoke design of long blocks containing individual prison cells...
-
We'll begin with the photograph above (credit here , via BoingBoing 2006): "...the community of Beloit, Wisconsin came together on...
-
Everyone knows about these shenanigans, but nobody does anything about it. Pepsi, IKEA, FedEx and 340 other international companies have se...
-
YouTube link . Militarized local SWAT teams can be tricked by hackers into raiding homes of innocent people. The Vice video above illustrat...
-
An article at BoingBoing makes note of the vast quantities of water stored in the earth's mantle. Deep inside the mantle, where the tem...
Blog Archive
-
▼
2015
(214)
-
▼
February
(65)
- YouTube anniversary video compilation
- Hiatus
- Umbrella pines
- Is a global currency war coming?
- There's a huge difference between "masticophilia" ...
- A new video series from The American Museum of Nat...
- Limpet teeth - nature's strongest natural material
- 17 nude people
- Fennec fox
- The history of dunking in basketball
- My grandfather's encounter with M. bovis
- There's a surprise inside
- "It depends on the size of the gun and the size of...
- Your religious is ridiculous. Mine makes sense.
- This skull was extensively trepanned. For scruples.
- Eisenhower's 91% income tax rate
- TBS compresses Seinfeld - updated
- Otzi's copper axe
- Jim Croce's "Operator" (1972)
- Where to find quiet
- 5 minutes
- The craters of Siberia - updated
- Let's visit Siberia
- "Festival of Colours" in Siberia
- Siberian Bronze age armor made of bone
- Siberian mummies adorned with copper
- Siberian warrior with bear fang embedded in his no...
- Siberian luminous earthworms
- Siberian "farmyard rap"
- Ancient wooden statue found in Siberia
- Tattoos of the princess of the Sochi paralympics
- A Siberian linkdump
- Sigiriya
- I was never invited to "chicken pox parties" - upd...
- I challenge you to a game of 2048 - updated
- Poop-sniffing dogs as conservation tools
- The other side of the moon
- Review of an anti-vaccination book for children
- A product for avid bicyclists
- Lord of the Rings mythology, continued
- "A cat walks into a bar"
- "Color Tiles" game
- "Beware the fury of a patient man." - John Dryden
- Ukraine's currency is collapsing
- You'll probably never guess the most common job in...
- A modern day "parsley massacre"
- Count the black dots
- The tops of these two tables are the same shape
- This hat is as wide as it is tall
- A mushroom cap
- Elaborate stage illusion - updated
- More than you would ever need to know about beaver...
- Some Vikings filed their teeth
- "Deflagration" demonstrated by "fire-breathing" us...
- Anti-vaxxers of the 1930s
- "Went With The Wind"
- An ant-mimicking treehopper
- "Smart gun" explained
- Buddy Holly had 20/800 vision
- Incredible short-handed hockey goal
- Carved conch shell
- Trail marker trees
- "In your face" mites
- This is not an in-utero photograph of a fetus
- You can "micro-volunteer" your time to help a blin...
-
▼
February
(65)
No comments:
Post a Comment