Political Quotes

Lyndon Johnson: “Once the tax bill becomes fully effective in calendar year 1965, the entire schedule of individual income tax rates will…”

On the recordJanuary 20, 1964
Once the tax bill becomes fully effective in calendar year 1965, the entire schedule of individual income tax rates will fall from the present range of 20% to 91% to a range of 14% to 70%.
Said by
Lyndon Johnson
Democratic · Texas

Editor's note · Context

Annual Budget Message to the Congress, Fiscal Year 1965.

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