3 ms·

Source? Genuinely curious.

• refurb 8y ago
  Just do a search for historical tax brackets. The OP is correct, however he doesn’t follow up with the effective tax rate paid. In the 1940s there were a lot more tax deductions. The effective tax rate for those in the top 1% hasn’t changed all that much and is near historical highs.
  • komali2 8y ago
    Isn't it true though that also the top 1% has far more "net worth" compared to, say, the GDP, than before? I recall reading something similar when delving down this wikipedia hole: https://en.wikipedia.org/wiki/List_of_richest_Americans_in_history https://en.wikipedia.org/wiki/List_of_richest_Americans_in_h...