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21 sats \ 2 replies \ @kr 15 Mar 2024 \ on: Fun Fact Friday - Best Fun Fact Gets 10,000 Sats meta
from the late 1940s until the early 1960s, the US had a top marginal income tax rate of 91-92% on anyone earning more than $400k/year
https://taxfoundation.org/data/all/federal/historical-income-tax-rates-brackets/
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0 sats \ 1 reply \ @Bell_curve 15 Mar 2024
The 400,000 is for married couples filing jointly, I think 🤔
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0 sats \ 0 replies \ @kr 15 Mar 2024
the single filer column on the table also shows a 91% tax rate
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