Reply to "April 15th Looms...Remember 1913"

Since 1964, the threshold for paying top income tax rate has generally been between $200,000 and $400,000. The one exception is the period from 1982-1992 when the top income tax brackets were removed and incomes above around $100,000 (varies by year) paid the top rate. From 1988-1990, the threshold for paying the top rate was even lower, with incomes above $29,750 to $32,450 ($51,000 2007 dollars) paying the top rate of 28% in those years.

×
×
×
×