Top Marginal tax rates (1920-2008) - Democratic Underground

SoCalDem

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Wed Nov-30-11 03:18 PM
Original message

Top Marginal tax rates (1920-2008)

Edited on Wed Nov-30-11 03:23 PM by SoCalDem

http://politics.gather.com/viewArticle.action?articleId=281474977623449

and this...

http://en.wikipedia.org/wiki/Internal_Revenue_Service
A copy of the very first IRS 1040 form, dated 1913, can be found at the IRS website showing that only those with incomes of $3,000 or more were instructed to file (the equivalent of $68,612 in 2011 adjusted for inflation).

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WildNovember

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Wed Nov-30-11 03:20 PM
Response to Original message

1. Except the Bush tax cuts were extended, not rolled back, so that last upward jog in the graph didn't

happen.

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Armin-A

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Wed Nov-30-11 03:22 PM
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2. Look at just prior to great depression

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sam11111

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Wed Nov-30-11 03:45 PM
Response to Reply #2

3. think tank has great artIcle on this! Golden Age of Truman etc explained

http://www.ourfuture.org/blog-entry/2010041625/13-ways-90-percent-top-tax-rate-fixes-economy

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sam11111

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Wed Nov-30-11 03:47 PM
Response to Reply #3

4. main cause of the Debt charted

Edited on Wed Nov-30-11 03:56 PM by sam11111

Source------
That short short article mentioned in my re: above.

---
Here's the link again

http://www.ourfuture.org/blog-entry/2010041625/13-ways-90-percent-top-tax-rate-fixes-economy

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