Quote Originally Posted by vasuderatorrent View Post
Yeah. The highest income tax rate was 7% when the income tax started but it didn't take the government time to catch on. The highest tax rate was 67% by 1917. Federal Tax Rates by Year | Income, Capital, and Highest Tiers

The question is: Why are tax rates so low now?
I would imagine using the year 1917 that the tax rate was raised to pay for WWI.