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The top marginal tax rate was reduced to 58% in 1922, to 25% in 1925, and finally to 24% in 1929. In 1932 the top marginal tax rate was increased to 63% during the Great Depression and steadily increased, reaching 94% (on all income over $200,000) in 1945. During World War II, Congress introduced payroll withholding and quarterly tax payments. Top marginal tax rates stayed near or above 90% until 1964 when the top marginal tax rate was lowered to 70%. The top marginal tax rate was lowered to 50% in 1982 and eventually to 28% in 1988. However, in the intervening years Congress subsequently increased the top marginal tax rate to 35% (the top marginal tax rate as of 2007).
What else can I help you with?
What year did the US have the highest rate of executions?
The year with the highest rate of executions in the US was 1935, during which 199 people were executed.
What state in the US has the highest suicidal rate?
Montana actually has the highest suicide rate in the US.
What us city has the highest murder rate in 1988?
Albany, Georgia, believe it or not. I'm still looking for that rate.
Does the US have the highest poverty rate?
The US does not have the highest poverty rate globally, but it does have a significant poverty rate compared to other developed nations. Factors such as income inequality, access to healthcare, and social support systems contribute to the level of poverty in the US.
What small town has highest per capita crime rate in US?
Columbus, GA ----- It is hard to say definitively, because there is no solid definition of a "small town." However, the city with the highest crime rate per capita in the US in 2013 was Detroit, with a rate of 2,123 violent crimes per 100,000 residents.
What is the highest US federal corporate income tax rate?
35%.
What rate of income tax is currently in place in the US?
The United States has a progressive income tax system. The highest current rate of income tax on a personal return is 33%.
What is the highest federal income tax rate ever levied on individual US citizens?
jo mam sukas
Which country has the highest income tax rate?
As of 2005 The highest personal income tax in any country was Belgium at almost 56% If its corporate income tax you are asking about that would be Japan with the US ranked a close second around 38%-39%
Is the tax burden in the US too high compared to similarly developed countries?
Factually it is one of the lowest...even at either the highest US rate which is actually paid by few. Remember, in the US @3% of the people pay 95% of the tax, and @50% pay not tax at all.
What is the highest tax bracket in the US is .?
35%
What US city has the highest murder rate for 2010?
Flint, Michigan had the highest murder rate in the US for 2010.
What year did the US have the highest rate of executions?
The year with the highest rate of executions in the US was 1935, during which 199 people were executed.
What state in the US has the highest suicidal rate?
Montana actually has the highest suicide rate in the US.
What areas of the US have the highest rates of chlamydia?
The southeastern part of the US has the highest rate of chlamydia.
Highest income rate in the us?
pie
Does the US have the highest human trafficking rate?
no
