Corporate Tax
The United States' corporate tax rate was at its highest, 52.8 percent, in 1968 and 1969. The top rate was hiked for the last time in 1993 to its current rate of 35 percent.
Read more about this topic: Taxation History Of The United States
Famous quotes containing the words corporate and/or tax:
“The corporate grip on opinion in the United States is one of the wonders of the Western World. No First World country has ever managed to eliminate so entirely from its media all objectivity—much less dissent.”
—Gore Vidal (b. 1925)
“I have no doubt that it was a principle they fought for, as much as our ancestors, and not to avoid a three-penny tax on their tea; and the results of this battle will be as important and memorable to those whom it concerns as those of the battle of Bunker Hill, at least.”
—Henry David Thoreau (1817–1862)