tag:blogger.com,1999:blog-6392068265350767919.post7336165408594897319..comments2010-02-05T10:08:08.513-05:00Cpt. Robespierrehttp://www.blogger.com/profile/02815900224654284839noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6392068265350767919.post-90739870374106175422010-02-05T10:08:08.513-05:002010-02-05T10:08:08.513-05:00One almost totally forgotten piece of U.S. tax rate history: The top marginal tax rate during the New Deal years hit 94 percent during WW II, but President Franklin D. Roosevelt actually wanted that top rate to go higher.<br /><br />In April 1942, FDR proposed a 100 percent tax rate on individual income over $25,000, around $320,000 or so in today&#39;s dollars.<br /><br />Where did FDR get this 100 percent rate notion from? During WW I, reformers like newspaper publisher E. W. Scripps campaigned energetically for a 100 percent tax on income over $50,000.Sam Pizzigatihttp://www.toomuchonline.org/noreply@blogger.comtag:blogger.com,1999:blog-6392068265350767919.post-23055100555094530112010-02-05T06:27:13.339-05:002010-02-05T06:27:13.339-05:00Great chart. A similar chart on the average wage earner would also be interesting.Anonymousnoreply@blogger.com