US Income Tax Brackets (1910-10)

In: Politics US Economy

23 Apr 2010

Another nice visualization from Stephen over at weathersealed.

image

2 Responses to US Income Tax Brackets (1910-10)

Avatar

Jon Peltier

April 25th, 2010 at 12:15 pm

Looks to me like a malfunctioning inkjet printer cartridge.

Avatar

Drew

April 26th, 2010 at 11:35 am

The marginal rates were certainly higher back then but I’m betting that virtually no high earners actually paid taxes at anywhere near 90%. It was so much easier then to under report or even hide income. As the government got better at finding income in the 70′s then the wealthy just lobbied and got all sorts of tax shelters. The real problem would be today if you implemented a 90% tax rate and removed the shelters then you would disincentive high earners to stop working. What would happen if most of the doctors (or bankers, lawyers, etc.) got to August first and said no more patients I’m taking the rest of the year off….

Comment Form

What is Chart Porn?

An addictive collection of beautiful charts, graphs, maps, and interactive data visualization toys -- on topics from around the world.

  • Clyde: Those f'ing AdviceAnimals. Oneliner jokes superimposed onto an unnecessary picture. Whenever I do a [...]
  • Will Reinhardt: I had no idea that China was all in one timezone, that’s crazy to me. If you walk from China to Pa [...]
  • Coffey: Not to mean but the theory that Christianity is the one and only true religion is questionable. I s [...]
  • Drumwaster: Good thing we have these snapshots, otherwise I'd have to rely on NASA for such data, and what do th [...]
  • Sean Collins: I'm no economist but how does raising the minimum wage help the unemployed? They have no wages to ra [...]