Post by unlawflcombatnt on Dec 6, 2006 13:30:53 GMT -6
I found the following information and charts on Marginal Tax Rates from references provided by our member "rdf."
In general, the top marginal tax rates were around 90% in in the 50's, and began dropping in the 60's. They had dropped down to 70% by the 1970's. Under Reagan they were again dropped, first into the 50% ranges, and then down to 28% by 1988. The links below show the years the changes took place.
Marginal Tax Rates
www.truthandpolitics.org/top-rates.php
Graph of Marginal Tax Rate
www.truthandpolitics.org/top-rates-graph.php
Tax Rates 1971-1978
www.taxpolicycenter.org/taxfacts/individual/brackets_1971.cfm
Tax Rates 1979-
www.taxpolicycenter.org/taxfacts/individual/brackets_1979.cfm
Tax Rates 1982-(Max Tax Rate dropped from 69% to 50%)
www.taxpolicycenter.org/taxfacts/individual/brackets_1982.cfm
Tax Rates 1986 (Last time 50% max rates)
www.taxpolicycenter.org/taxfacts/individual/brackets_1986.cfm
Tax Rates 1987(Rate 1st reduced to 38% from 50%)
www.taxpolicycenter.org/taxfacts/individual/brackets_1987.cfm
Tax Rates 1988(Rate dropped to 28% from 38%)
www.taxpolicycenter.org/taxfacts/individual/brackets_1988.cfm
Tax Rates 1990(Rate increase up to 31% from 28%)
www.taxpolicycenter.org/taxfacts/individual/brackets_1990.cfm
Tax Rates 1993(Rate increased to 39.6% from 31%)
www.taxpolicycenter.org/taxfacts/individual/brackets_1993.cfm
Tax Rates 2002(Rate decreased to 38.0% from 39.6%)
www.taxpolicycenter.org/taxfacts/individual/schedule_2002.cfm
Tax Rates 2003(Rate decreased to 35%)
www.taxpolicycenter.org/taxfacts/individual/schedule_2003.cfm
In general, the top marginal tax rates were around 90% in in the 50's, and began dropping in the 60's. They had dropped down to 70% by the 1970's. Under Reagan they were again dropped, first into the 50% ranges, and then down to 28% by 1988. The links below show the years the changes took place.
Marginal Tax Rates
www.truthandpolitics.org/top-rates.php
Graph of Marginal Tax Rate
www.truthandpolitics.org/top-rates-graph.php
Tax Rates 1971-1978
www.taxpolicycenter.org/taxfacts/individual/brackets_1971.cfm
Tax Rates 1979-
www.taxpolicycenter.org/taxfacts/individual/brackets_1979.cfm
Tax Rates 1982-(Max Tax Rate dropped from 69% to 50%)
www.taxpolicycenter.org/taxfacts/individual/brackets_1982.cfm
Tax Rates 1986 (Last time 50% max rates)
www.taxpolicycenter.org/taxfacts/individual/brackets_1986.cfm
Tax Rates 1987(Rate 1st reduced to 38% from 50%)
www.taxpolicycenter.org/taxfacts/individual/brackets_1987.cfm
Tax Rates 1988(Rate dropped to 28% from 38%)
www.taxpolicycenter.org/taxfacts/individual/brackets_1988.cfm
Tax Rates 1990(Rate increase up to 31% from 28%)
www.taxpolicycenter.org/taxfacts/individual/brackets_1990.cfm
Tax Rates 1993(Rate increased to 39.6% from 31%)
www.taxpolicycenter.org/taxfacts/individual/brackets_1993.cfm
Tax Rates 2002(Rate decreased to 38.0% from 39.6%)
www.taxpolicycenter.org/taxfacts/individual/schedule_2002.cfm
Tax Rates 2003(Rate decreased to 35%)
www.taxpolicycenter.org/taxfacts/individual/schedule_2003.cfm