WW2 max rate was crazy :ahh
yah thats pretty crazy
and what they fail to mention is that at a tax rates highest, tax revenues were generally at their lowest
Can you imagine paying a 94% tax? :lol
How the hell did people live back then? They were left with like no disposable income.
Taxe rates were adjusted for your income.
Wikipage describes it rather well
Take 1946 for example (not adjusted for inflation) here were the income and your tax rate
Year $10,001 $20,001 $60,001 $100,001 $250,001
1948 38% 56% 78% 89% 91%
“how long will they kill our profits while we stand a slient look” bob marley