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The 1960 United States presidential election in Ohio on November 8, was part of the 1960 United States presidential election. Voters chose 25 representatives, or electors to the Electoral College , who voted for President and Vice President .
The 1968 United States presidential election in Ohio took place on November 5, 1968. All 50 states and The District of Columbia were part of the 1968 United States presidential election . Ohio voters chose 26 electors to the Electoral College , who voted for president and vice president .
The Tax Reform Act of 1969 (Pub. L. 91–172) was a United States federal tax law signed by President Richard Nixon on December 30, 1969. Its largest impact was creating the Alternative Minimum Tax , which was intended to tax high-income earners who had previously avoided incurring tax liability due to various exemptions and deductions.
The burglars were discovered and arrested. Nixon tried to cover up both the burglary, the bugging, and the full extent of other illegal acts by his close staff. The cover up resulted in 69 government officials being charged and 48 being convicted or pleading guilty. Eventually, Nixon resigned his office rather than face trial.
The Tax Foundation recently pegged the proceeds of the 10% tariffs at $300 billion a year. A populist tactic The 1971 episode with Nixon is also evidence of the power of the idea of a tariff to ...
Congress enacted an income tax in October 1913 as part of the Revenue Act of 1913, levying a 1% tax on net personal incomes above $3,000, with a 6% surtax on incomes above $500,000. By 1918, the top rate of the income tax was increased to 77% (on income over $1,000,000, equivalent of $16,717,815 in 2018 dollars [ 24 ] ).
December 29 – The White House announces President Nixon will make progression on a tax reform bill that also increases Social Security benefits by 15% before leaving for a vacation in California. [191] December 30 – President Nixon signs a tax reform bill into law, critiquing measures of the bill in an accompanying statement. [192]
October: Congress enacts the Tax Reform Act of 1986, the second of the "Reagan Tax Cuts". The act simplifies the tax code, reduces the marginal income tax rate on the wealthiest Americans from 50% to 28%, and increases the marginal tax rate on the lowest-earning taxpayers from 10% to 15%. [148]