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Posted

Calvin Coolidge

National debt of $22.3 billion in 1923 lowered to $16.9 billion by 1929.
? Federal expenditures (budget) of $5.1 billion in 1921 were reduced to $3.3 billion in 1929.
? Cut taxes four out of his six years as president.
? Cut effective tax rate on the wealthy was 50 percent (1922) to 20 percent. Revenue from that tax bracket then rose from $77 million to $230 million.
? By 1927, 98% of the population paid no income tax
? Tax burden on those making under $10,000 fell from $130 million in 1923 to under $20 million in 1929.

Posted

Men have approximately 50% more brute strength than women.

Posted

Franklin Delano Roosevelt (or, FDR) was the 32nd President of the United States.

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