We didn't even have income tax until 1913 when the Supreme Court allowed it, so it was zero, then it went up to 90%-- or actually it was 94% at the peak--and it came down to 15%.
直到1913年最高法院允许征收的时候,我们才开始征收所得税,开始税率是零,而后飙升到90%,然后它最高达到94%再降到15%
耶鲁公开课 - 金融市场课程节选
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