In 1913 when the Income Tax was sold to the US population, it was a 1% rate and a 7% top rate, now it is 10% and 35% with 6 brackets. When implemented in 1913, it affected less than 10% of the US population.
Partial History of
U.S. Federal Marginal Income Tax Rates
Since 1913
Applicable
Year Income
brackets First
bracket Top
bracket Source
1913-1915 1% 7% IRS
1916 - 2% 15% IRS
1917 - 2% 67% IRS
1918 - 6% 77% IRS
1919-1920 4% 73% IRS
1921 - 4% 73% IRS
1922 - 4% 56% IRS
1923 - 3% 56% IRS
1924 - 1.5% 46% IRS
1925-1928 1.5% 25% IRS
1929 - 0.375% 24% IRS
1930-1931 1.125% 25% IRS
1932-1933 4% 63% IRS
1934-1935 4% 63% IRS
1936-1939 4% 79% IRS
1940 - 4.4% 81.1% IRS
1941 - 10% 81% IRS
1942-1943 19% 88% IRS
1944-1945 23% 94% IRS
1946-1947 19% 86.45% IRS
1948-1949 16.6% 82.13% IRS
1950 - 17.4% 84.36% IRS
1951 - 20.4% 91% IRS
1952-1953 22.2% 92% IRS
1954-1963 20% 91% IRS
1964 - 16% 77% IRS
1965-1967 14% 70% IRS
1968 - 14% 75.25% IRS
1969 - 14% 77% IRS
1970 - 14% 71.75% IRS
1971-1981 15 brackets 14% 70% IRS
1982-1986 12 brackets 12% 50% IRS
1987 5 brackets 11% 38.5% IRS
1988-1990 3 brackets 15% 28% IRS
1991-1992 3 brackets 15% 31% IRS
1993-2000 5 brackets 15% 39.6% IRS
2001 5 brackets 15% 39.1% IRS
2002 6 brackets 10% 38.6% IRS
2003-2009 6 brackets 10% 35% Tax Foundation
Source: http://en.wikipedia.org/wiki/Income_tax_in_the_United_States
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