Yeah, I think we flattened the whole thing some years back, reducing the number of brackets. But still, the idea that at some point, we had a marginal tax rate of 91% for anyone, even it was only a fraction of a percent.

Tamar

>That's misleading. I looked it up and it was only effective for those making taxible income over 400,000 a year... Back then, there were very few making that amount so it didn't impact the average American. In fact, it probably still wouldn't..
>
>(Source is from the snopes article)
>
>http://staff.jccc.edu/swilson/businessmath/fit.htm
>and
>http://www.truthandpolitics.org/top-rates.php
>
>
>>The bottom tax bracket for federal income tax in 1955 was 20%, the lowest that rate had been since 1943. The highest tax bracket had first exceeded 50% as far back as 1932, and it was an astounding (by modern standards) 91% in 1955.
>>
>>Take that, those who think taxes are too high today.
>>
>>Tamar