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Actually, under Eisenhower and Kennedy the top marginal rate was always between 91% and 95%. Then it was 70% until the early 1980s when it went down to 50%. T
by WildUtah 16y ago
Actually, under Eisenhower and Kennedy the top marginal rate was always between 91% and 95%. Then it was 70% until the early 1980s when it went down to 50%.
That's just federal, not including state and city income taxes.
- pingswept 16y agoI found this list of the historical tax rates fascinating: http://www.taxfoundation.org/taxdata/show/151.html http://www.taxfoundation.org/taxdata/show/151.html (Why they have to use "Macromedia Flash Paper " to show a list of numbers is beyond me.)