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re: IRS collected a gargantuan $7 billion estate tax from a single source, nobody knows who

Posted on 4/19/24 at 4:31 pm to
Posted by BourreTheDog
Member since May 2016
2476 posts
Posted on 4/19/24 at 4:31 pm to
quote:

What happened in 1973/1974?


US involvement in Vietnam ended - protests and revolt of American youth. Country shut down after Watergate. At the same time, the explosion of welfare programs triggered by LBJ’s ‘Great Society’ cratered the US Economy.

All of this was topped with 2 scoops of Jimmy Carter.

Need I go on?
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 4/19/24 at 4:41 pm to
quote:

US involvement in Vietnam ended - protests and revolt of American youth. Country shut down after Watergate. At the same time, the explosion of welfare programs triggered by LBJ’s ‘Great Society’ cratered the US Economy.


First of all, I didn't ask it originally.

Second of all, you skipped right over the Oil Embargo.

Not to mention Nixon unilaterally ending Bretton-Woods and taking us off of the gold standard.
quote:

All of this was topped with 2 scoops of Jimmy Carter.

And, let me guess, you don't remember Executive Order 11615
quote:

Need I go on?

I don't think you need to, but you may want to in another thread.
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