Thanks and correction accepted. Lot of it is still misleading though. We should also clarify that it was the marginal tax rate, not the "tax rate" as we know. M

Thanks and correction accepted. Lot of it is still misleading though. We should also clarify that it was the marginal tax rate, not the "tax rate" as we know. Marginal = above a certain threshold. 90% marginal tax rate, but effective tax rate only bit higher than it is today. https://taxfoundation.org/taxes-on-the-rich-1950s-not-high/ https://taxfoundation.org/taxes-on-the-rich-1950s-not-high/