Tax rates over the years
Tax rates are scheduled to go higher next year, with the top rate once again hitting 39.6%. For a look at tax rates over the years, here’s a partial history of our federal income tax rates for individuals since the income tax was created in 1913.
Federal Income Tax Rates Since 1913
Year Lowest bracket Top bracket
1913-1915 1% 7%
1918 6% 73%
1923 3% 56%
1925-1928 1.5% 25%
1936-1939 4% 79%
1944-1945 23% 94%
1964 16% 77%
1971-1981 14% 70%
1982-1986 12% 50%
1988-1990 15% 28%
1993-2000 15% 39.6%
2003-2010 10% 35%
