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New Deal Revenue Act of 1935 imposed an income tax of 79% on incomes over $5 million. This tax rate affected about how many US taxpayers at that time?

History

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History Trivia Question: New Deal Revenue Act of 1935 imposed an income tax of 79% on incomes over $5 million. This tax rate affected about how many US taxpayers at that time?
Author:
dwainf
Writer
  • Since
    11/2014
  • Level
    90
  • Score
    318298
  • Questions
    41

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