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I need some help with a tax chart that was recently posted.

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RushIsRot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-14-10 11:03 PM
Original message
I need some help with a tax chart that was recently posted.
I have been looking through the previous posts and cannot seem to locate it. I thought I captured it when it was first posted, but I can't find it. If someone has that tax chart that compared the highest rates by president since around Truman's time through the present, I would like to get a copy. Thanks!
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MajorChode Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-10 03:38 AM
Response to Original message
1. Enjoy
It doesn't list the presidents, but you should be able to figure it out.
http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=213

The top marginal tax rate is largely irrelevant unless placed into perspective regarding how many deductions were allowed. Prior to 1980, the top marginal rate was high, but there were so many deductions it was pretty easy for the rich to avoid most or all taxes, kind of like it is for corporations to do so today.
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RushIsRot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-10 12:27 PM
Response to Reply #1
2. Thank you! That was quite helpful.
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