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The effective tax rates when the marginal rates were 70-90% were not much different than they are now. Cherrypicking marginal tax rates while ignoring deduction

The effective tax rates when the marginal rates were 70-90% were not much different than they are now. Cherrypicking marginal tax rates while ignoring deductions against those rates is misleading and deceptive.

BobbyJo 4y ago
Havea source on that? I hadn't heard that before and am interested in what that looked like.
- songeater 4y ago
  https://fred.stlouisfed.org/series/FYFRGDA188S https://fred.stlouisfed.org/series/FYFRGDA188S