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Old 03-11-2020, 05:34 PM   #2234
OMG!WTF!
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Except the information in that link is not accurate. They make a premise of what the top 1% would be making based on current standards instead of what the actual top 1% was in the 50s. The better way to approach this is to use the standard marginal rates and then look at the top one for each era, which the top 1% would be paying.

I don't think that it is inaccurate. I've read several times that the average tax rate among the wealthiest earners in the 1950's was about 42%. The 91% rate was only on income over 200k further bringing down the average rate.
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