The highest inheritance tax rate was also raised in 1932 to 45% from 20% and the gift tax was reinstituted with the highest rate set at 33.5%.
WSJ: Arthur B. Laffer: Taxes, Depression, and Our Current Troubles
2.
The task force in its first phase report recognized the atrophy of the nuclear mission since the Cold War and stated the "nuclear mission must be reinstituted as a continuing responsibility of the Air Force"13 Why was this important?
CENTERFORSECURITYPOLICY: Senator Kyl on nuclear deterrence