President Nixon after signing the most far-reaching ?
President Nixon after signing the most far-reaching tax bill since the enactment of the income tax In 1913. The tax reform compensated for the effect of 1960s inflation by: raising the threshold of non-taxable income, increasing social security payments, and reducing the highest income tax rate from 70% to 50%. Dec. 30, 1969. (CSU_ALPHA_450) CSU Archives/Everett Collection
Picture No
10676181
Media ID
45228225
Size
2316px x 3000px
(1.9MB)
Credit
Mary Evans / Everett Collection
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Strictly editorial use only. Please contact Mary Evans if any other use required
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Compensated Csu 2012 10 Csualpha Effect Enactment Highest Income Increasing Inflation Payments Raising Rate Reaching Reducing Reform Rs2wn Taxable Threshold
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