The shares of Social Security benefits subject to the individual income tax have grown rapidly since 1984, when benefits first became taxable. Initially, no more than 50 percent of benefits were subject to tax for higher-income taxpayers, and all of those taxes were credited to the Social Security trust funds.
The effect of the attack of Pearl Harbor was that it forced the U.S. into a war with Japan; a war that ended in the unleashing of the worlds first, and hopefully last, use of a nuclear bomb in an attempt to defeat an enemy.
Effects Of The Great Depression. The Great Depression caused a myriad of changes in American society and economic policies, many of which linger to this day. Click here for facts about the effects of the Great Depression.Below are some of the primary effects of the Great Depression:Stock Market And Banking Regulations.ocietal Change An Effect Of The Great Depression. Many people who survived the Great Depression would remain frugal throughout the rest of their lives, wary of banks, apt to hoard food, and suspicious of the stock market.