Shlaes on Mellon

http://www.futureofcapitalism.com/2012/02/shlaes-on-mellon

Amity Shlaes has a nifty Bloomberg View column about Andrew Mellon, the wealthy Treasury secretary under Calvin Coolidge who in 1926 succeeded in getting the top individual income tax rate cut to 25% from 46%. "Federal revenue increased after each rate cut," she says.

by Editor  |  Feb 2, 2012 at 11:24 am Related Topics:  Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list