247 records matched your query
02330aam a2200349 i 4500 001 CB8489E21D5411EE85C7632C52ECA4DB 003 SILO 005 20230708010026 008 221019t20222022nyud b 000 0 eng d 020 $a 1637585640 020 $a 9781637585641 035 $a (OCoLC)1348241572 040 $a UUC $b eng $e rda $c UUC $d IMD $d WLU $d OCLCF $d IWP $d SILO 043 $a n-us--- 100 1 $a Laffer, Arthur B. 245 10 $a Taxes have consequences : $b an income tax history of the United States / $c Arthur B. Laffer, Ph.D., Brian Domitrovic, Ph.D., and Jeanne Cairns Sinquefield, Ph.D. 264 1 $a New York : $b Post Hill Press, $c [2022] 300 $a xxv, 413 pages : $b graphs ; $c 24 cm 504 $a Includes bibliographical references. 520 $a "The definitive history of the effect of the income tax on the economy. Ever since 1913, when the United States first imposed the income tax via constitutional amendment, the top rate of that tax has determined the fate of the American economy. When the top rate has been high, as in the late 1910s, the 1930s, 1940s, 1950s, and 1970s, the response of those with money and capital has been to curtail real economic activity in favor of protecting assets and income streams. Huge declines have come to the economy in these circumstances. The most brutal example was the Great Depression itself. When the top tax rate has been cut and held at reduced levels--as in the 1920s, the 1960s, in the long boom of the 1980s and 1990s, and briefly in the late 2010s--astonishing reversals have occurred. The rich have brought their money out of hiding and put it to work in the economy. The huge swings in the American economy since 1913 have had an inverse relationship to income tax rates."--EBSCOhost e-book landing page. 650 0 $a Income tax $x History $y 20th century. 650 0 $a Income tax $x History $y 21st century. 650 0 $a Fiscal policy $x History. 651 0 $a United States $x Economic conditions $y 20th century. 651 0 $a United States $x Economic conditions $y 21st century. 700 1 $a Domitrovic, Brian. 700 1 $a Sinquefield, Jeanne Cairns. 941 $a 2 952 $l TFPI826 $d 20230902011619.0 952 $l LAPH975 $d 20230708011426.0 956 $a http://locator.silo.lib.ia.us/search.cgi?index_0=id&term_0=CB8489E21D5411EE85C7632C52ECA4DB 994 $a C0 $b IWPInitiate Another SILO Locator Search