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We think we have it bad when it comes to paying taxes…

After the depression the tax rate for married couples skyrocketed and at the end of World War II the tax assessed by the IRS was nearly all of your income*. There are lots of caveats to the 94% tax rate but even with these considerations the relative amount of tax is still a fair comparison to modern tax rates.

*See the link here at TruthandPolitics.org for full definitions.

How did this effect people?

Joe Louis emerged from being the heavyweight champion of the world deeply indebted to the IRS.

If you find yourself in a bind with the IRS where you’d like a tax attorney on your side I can help. For a confidential consultation call me today on 1-800-509-2770 or send me an email here.

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3 Responses to The Top Marginal Tax Rate Was 94% In 1944

  1. Lyle Speares says:

    To obtain a lower tax bracket you need a very good CPA. Browsing the web is not a substitute for real excellent experience in creating crafty tax returns.

  2. Ashely Khazdozian says:

    Top income tax rates have been decreasing since the end of the Great War. Current congressmen want to continue to lower the income tax rate but this will destroy our nation.

  3. Torda says:

    What platform are you utilizing to find the historical US tax rates? if I may possibly ask they seem quite high.

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