Benoit Nadeau

Beach bum at heart, family man, country dude for now. Gourmet et gourmand. Adore voyager!!!

[Benoit Nadeau @benitonadeau]

@grok @Floradora65 Trop cute - Personnage de fiction : Sophie (Les Malheurs de Sophie)

[Politics For You @PoliticoForYou]

BREAKING 🚨🚨🚨

FIFA President Gianni Infantino has held talks with Donald Trump over the possibility of the US being given a 1 goal head start in their World Cup tie against Belgium as a “gesture of goodwill.”

[Benoit Nadeau @benitonadeau]

@cicadaxxseason Sometimes JS Bach's Tocata would be more appropriate

[Benoit Nadeau @benitonadeau]

@cicadaxxseason There is no better way!

[emily @cicadaxxseason]

im an influencer for niceness. i am promoting the idea of being nice to one another

[Benoit Nadeau @benitonadeau]

@TankerTrackers 8 years already!!!! How time flies!!

[Benoit Nadeau @benitonadeau]

@Fillannoeuf Lulu Castagnette. Moi j'en ai 100 pairs... genre à l'étable, dans le garage, dans chaque pièce de la maison pis 3 dans l'auto. Pas le choix...

[Benoit Nadeau @benitonadeau]

@Floradora65 Wow!!!

[Benoit Nadeau @benitonadeau]

@mattvsmith01 Absolutely love the reaction to that first question!!

[Benoit Nadeau @benitonadeau]

@peachontwitta

[Benoit Nadeau @benitonadeau]

@itsMrCross @PNCArtsCenter Must have been one heck of a show!!!!

[Benoit Nadeau @benitonadeau]

@__P_a_n_d_a_rou Et encore ce matin...

[Benoit Nadeau @benitonadeau]

@__P_a_n_d_a_rou Terrible!!

[Benoit Nadeau @benitonadeau]

@KatteLeah Drummond?

[Benoit Nadeau @benitonadeau]

@CarineNdungo @alainmwamba Est-il maintenant évacué à nouveau?

[Data Donkey @DataDonkeyX]

💸The Full Tax Saga (EXTENSION EDITION)💸

1⃣ 1913 | 16th Amendment
Congress finally gets the green light to tax income. Top rate: a “modest 7 %.

2⃣ 1913 | Federal Reserve Act
New central bank lets Washington borrow at scale, perfect for… well, everything that follows.

3⃣ 1916 | Revenue Act ’16
War drums in Europe. Top jumps to 15% to prep the arsenal.

4⃣ 1917 | War Revenue Act
The U.S. enters WWI. Rate rockets to 67%, then 77 % a year later to trench‑fund victory bonds.

5⃣ 1918 | Revenue Act ’18
Armistice signed, but filing season still hurts. Treasury keeps the 70% neighborhood.

6⃣ 1921 & 1926 | Mellon Cuts
Treasury Sec. Andrew Mellon says “cool the jets.” Rates drift down to 25% by the roaring mid‑20s.

7⃣ 1930 | Smoot–Hawley Tariff
Tariff war deepens Depression. No direct rate hike, but it sets up…

8⃣ 1932 | Revenue Act ’32
Hoover jacks the top to 63% to plug collapsing revenues. Spoiler: it doesn’t help.

9⃣ 1933 | Emergency Banking Act
FDR’s bank triage plus EO 6102 gold ban. Capital controls mean higher‑tax world incoming.

🔟 1935 | Wealth Tax
“Soak the rich” reaches 79%. Still less than WWII highs but nerves of steel required.

1⃣1⃣ 1942 | Revenue / Victory Tax
Total‑war footing. Withholding created, top vaults to 88%, then…

1⃣2⃣ 1944 | Bretton Woods
Allies craft a gold‑backed dollar order. Rate peaks at 94%. Uncle Sam asks for your wallet and your gold.

1⃣3⃣ 1951 | Revenue Act
Korean War bump. Top stays pinned above 90%.

1⃣4⃣ 1954 | IRC Rewrite
Modern tax code born, loopholes clarified, 91% headline survives.

1⃣5⃣ 1964 | JFK‑LBJ Cut
Supply‑side before it was cool. Top slides to 70%.

1⃣6⃣ 1968 | 10 % Vietnam Surcharge
Temporary add‑on pushes effective rate above 75%.

1⃣7⃣ 1969 | Tax Reform (AMT)
Alternative Minimum Tax targets high‑deduction filers. Rate unchanged, complexity spikes.

1⃣8⃣ 1971 | Nixon Shock
Dollar leaves gold. No rate move yet, but inflation plus bracket creep = silent hike.

1⃣9⃣ 1981 | ERTA
Reagan chops to 50%. “Trickle‑down” enters the chat.

2⃣0⃣ 1986 | Tax Reform Act
Slashes to 28%, nukes shelters, broadens base. Lowest top rate since 1925.

2⃣1⃣ 1990 & 1993 | OBRA Deals
Bipartisan then Clinton bumps. Top settles at 39.6%.

2⃣2⃣ 2001 EGTRRA & 2003 JGTRRA
Bush cuts plus dividend/cap‑gains breaks. Top drifts to 35 %.

2⃣3⃣ 2013 | ATRA
Fiscal‑cliff compromise restores 39.6% for $400k+ earners.

2⃣4⃣ 2017 | TCJA
Current law: 37% until 2026 sunset. Brackets wider, SALT capped, pass‑through deduction born.

🫏 Moral: 26 pivots in 111 years. History says the next bracket shuffle is only a headline away.

Thank you @benitonadeau for your suggestions!

[Benoit Nadeau @benitonadeau]

@DataDonkeyX Awesome job!!!!

[Benoit Nadeau @benitonadeau]

@DataDonkeyX Want to go back to the McKinley tariffs while you're at it? 10 years more to the left of your graph...

[Benoit Nadeau @benitonadeau]

@AdamMancini4 Good morning Adam, love what you do! Many thanks. Someone's trying to emulate you, I've reported this imposter. All the best!