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That’s correct! It was 52% in 1964 until President LBJ signed the Revenue Act of 1964 lowering the top corp tax rate in the US down to 48%. Today, the top corp tax rate is below 30% for context.

My book, “Boomer Economics: Baby Boomer-elected Presidents and their Economic Impact” will be out in late 2023.

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    Before you go...Do you know your body type and your body fat percentage?

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    Note: This covers two steps of our 7-step
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    Fat surrounding organs is known as visceral fat and is quite common among obese people.