Tax policy and economic inequality in the United States tax year 1963) to 77% (for tax year 1964) and 70% (for tax year 1965) for annual incomes of $1.4 million+. It was the first tax legislation to reduce the top end of the marginal income tax rate distribution since 1924. The top marginal income tax rate had been 91% since 1946 and had not been below 70% since 1936. The "Bush Tax Cuts," which are the popularly known names of the Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs and Growth Tax Relief Reconciliation Act of 2003 passed during President George W. Bush's first term,
History of the British salt tax in India times. Reintroduced in 1641 in the Commonwealth period there was such outcry that they were withdrawn on the restoration of the monarchy in 1660 and not reinstated till 1693 under William III, with duty set at two shillings a bushel on foreign salt, one shilling on native salt with exemption for fishery salt. In 1696 the tax was doubled and remained in force till abolished in 1825. There were probably 600 full-time officials employed in the collection of the taxes. Salt has been produced all along the Rann of Kutch on the west coast of India for the past 5,000