> Those fabled 90 percent tax rates only bit at incomes over $200,000, the equivalent of more than $2 million in today’s dollars. And the proposed 70% tax rate

> Those fabled 90 percent tax rates only bit at incomes over $200,000, the equivalent of more than $2 million in today’s dollars. And the proposed 70% tax rate only applies to incomes over $10 million in today's dollars.