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CIA

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r/historymemes ↑ 6.4K · Oct 12, 2026 · ▣ 493
In 1977, the CIA learned that the Soviet economy was beginning to crumble and that this would lead to significant problems over the next ten years. The US top statutory marginal income-tax rate fell from 70% in 1980 to 50% in 1981 and 28% following the 1986 tax reform.
You might disagree, but the fact that cuts to social spending and taxes began precisely when the US government learned of the USSR's massive economic troubles is an \*incredible\* coincidence. This is...
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