The 3 billionaires mentioned were pre-1913. Morgan might have had a little bit of overlap. The 90% tax rate was indeed in effect but very few people fell victi

The 3 billionaires mentioned were pre-1913. Morgan might have had a little bit of overlap. The 90% tax rate was indeed in effect but very few people fell victim to it: http://almostclassical.blogspot.com/2011/03/90-tax-rate-myth.html http://almostclassical.blogspot.com/2011/03/90-tax-rate-myth...