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%                 35%

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