set of reductions starting in 1921 and completed in 1926. But FDR did it wrong and still held us together! It was this way because of our high rate of income, relative to the world. Much of the often criticized transfer of wealth from the poor to the rich during the Reagan era was poor people getting rich.
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A typical example is the automobile. I have been told that a section on this may be added to the Reagan Page soon. There was no tax on income for most of that time, and a top bracket of 7 in 1913. Reading Group Gold m, macmillan Kids, quick and Dirty Tips, audiobooks. Under this environment trickle down economics would work, because most of the purchases by the rich would be American made. And most people lose income when they retire.
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