Posts Tagged "tax schedule"

Tax rates over the years

Posted on Sep 30, 2010

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%           ...

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