How has the top US income tax rate changed since 1950?
Top tax rates have gone down a lot. Growth rates have fluctuated but mainly gone down. The deficit has risen.
The top US income tax rate has dropped from 92% to 37.5%.
Annual growth rates have mainly declined during this period.
Test Your Knowledge
Which is true about tax rates in the USA over the past 60 years?
US Tax Rates
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