March 19, 2010
– Comments (4)
U.S. Federal Individual Income Tax Rates History, 1913-2010
Look at 1913 and 1929 and 1932 and today
You can see the entire list via a PDF at the bottom of the page.
Very interesting. You have got to wonder how much "tax sheltering" was going on when income reached a certain dollar figure and the tax rate was 91%...........
Talk about your wealth re-distribution.
To those that laugh at the Laffer curve do you think you would be putting a lot of effort into make that extra dollar if $.91 went to the gov't?
To be fair, the tax rate was 91% on the wealthiest to help pay for World War 2.
Paying for your wars - funny concept, that.
I thought it would be an informative thing for many of us to see.
It was interesting to see the tax rates the year I was born.
During the world war years was a big bite and think of the local and state taxes added in. Yikes!
But, if we would've lost then nobody would've been making any money and no more American lifestyle.
Pay as you go is a decent idea.