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On Taxes, War, and the Military-Industrial Complex – I Like Ike!

At the end of Dwight Eisenhower’s term as a Republican president from 1953 to 1961, the top marginal income tax rate was 91%. That rate applied not to the entire income, but only to the top portion of a very high income. The rich could still get richer, but not obscenely so, as they do […]