doc mercer
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Under Eisenhower the income tax for the highest bracket was 91%.
The tax rate under Nixon was 70% for the highest bracket and you did not come under 39% until you made less than $28,000 as a couple or $14,000 individually
President Highest Tax Bracket:
Eisenhower 91%
Kennedy 91%
Johnson 70%
Nixon 70%
Ford 70%
Carter 70%
Reagan 28%
Bush, G.H.W. 31%
Clinton 39.6%
Bush, G.W. 35%
The tax rate under Nixon was 70% for the highest bracket and you did not come under 39% until you made less than $28,000 as a couple or $14,000 individually
President Highest Tax Bracket:
Eisenhower 91%
Kennedy 91%
Johnson 70%
Nixon 70%
Ford 70%
Carter 70%
Reagan 28%
Bush, G.H.W. 31%
Clinton 39.6%
Bush, G.W. 35%