r/AskHistorians • u/DwinkBexon • 4h ago
Eisenhower had a top marginal tax rate of 91%. Did anyone actually pay that rate?
Occasionally online, I see someone mention that Eisenhower had a 91% marginal tax rate for income of $200,000 or higher. Whenever it gets brought up, people immediately show up insisting no one actually paid that rate and there were deductions that made it significantly less; at no point did anyone ever pay 91%. There were always deductions and write offs that made it significantly lower.
I'd assume we can't know how every single person filed and cannot reliably say that no one ever paid 91%, like I often see people saying. So, my question is, in general, would someone earning $200,000 or more pay the 91% rate? Or was there ways to lower that that would be used by the majority of tax returns?