Tuesday, July 12, 2011
Top Marginal Tax Rate, 1913-2011
Taken from data appearing on the website:
Note from the site:
"This table contains a number of simplifications and ignores a number of factors, such as a maximum tax on earned income of 50 percent when the top rate was 70 percent and the current increase in rates due to income-related reductions in value of itemized deductions. Perhaps most importantly, it ignores the large increase in percentage of returns that were subject to this top rate."
For more entries on taxation, please visit: