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The top income tax rate throughout the 1950s was in 91-92% for the entire decade and then some. The top tax rate now is 39.6% however the percentage of the GDP for tax revenue is higher than it has been ever with the exception of during WWII. Even though the top rate is low compared to the past, the amount of taxes overall is higher than it has ever been except for the few years when a World War was in full bloom. World Wars are very expensive. Remember, not that many pay the top tax rates.

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Q: How much did income tax cost in th 1950s?
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