From Bigcorporationusa.blogspot.com:
Republican President Dwight D. Eisenhower took office in 1953. The top tax rate stayed frozen at 91% his entire presidency and remained so throughout JFK's.
A Republican president taxed the rich 91%. Amazing huh? Things must have been horrible in the 50's, right?...President Eisenhower:
- Presided over one of the most prosperous and thriving economies in American history.
- Balanced the budget and created a moderate surplus (The last Republican President to do so)
- Kept inflation near zero and unemployment low
- Created nearly 4 million jobs (Factor in that the population in the 50's was less than half of what it is today)
- Witnessed steady job growth in all sectors
- Expanded Social Security
- Created the International Highway System & NASA
- Increased Minimum Wage
No comments:
Post a Comment