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What was the highest U.S. Federal Income tax rate ever? –When?What income group?
21Mar2008 Filed under: Careers & EmploymentQuestion:
What was the highest U.S. Federal Income tax rate ever? –When?What income group?
Answer:
Starting in 1939, the top rate was 75%. It rose to 91% during WWII all the way until 1964, when it decreased to 70%.
The 91% tax was for 200k or more. The full chart for the Revenue Code in 1954 is here: http://en.wikipedia.org/wiki/internal_re…
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What was the highest U.S. Federal Income tax rate ever? --When?What income group? Starting in 1939, the top rate was 75%. It rose to 91% during WWII all the way until 1964, when it ...Texas Farm Bureau
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