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American income tax rates from 1944 to 1963 were 92% [pdf]. (taxfoundation.org)
11 points by known on Sept 22, 2010 | hide | past | favorite | 3 comments



To be truly comparative, the chart also needs to include, for each year, the median and average household incomes for each tax year as well.

Knowing that in 1917 those making over $2million were taxed at 67% is fine, but without converting $2million into todays dollar value, it is hard to compare the relative effect.



Read a great book about how destructive such high taxes are called The Way The World Works by Jude Wanniski.




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