View Single Post
  #15530  
Old 07-12-2020, 06:05 PM
Lee Stewart's Avatar
Lee Stewart Lee Stewart is offline
Senior Member
 
Join Date: Mar 2017
Location: ABQ, New Mexico
Posts: 36,633
Thanks: 3,506
Thanked 136,538 Times in 22,784 Posts
Default



Today, the highest marginal income tax bracket is 37%, but it has been much higher. The Individual Income Tax Act of 1944 raised tax rates to the point where the highest bracket was 94%.
Reply With Quote