Political Factoid
The tax rate of super wealth* has trended
steadily downward.
92% |
|
|
|
|
|
|
|
Eisenhower era |
|
70% |
|
|
|
|
|
|
Nixon era |
|
|
50% |
|
|
|
|
|
Reagan era |
|
|
|
39% |
|
|
|
|
Clinton era |
|
|
|
|
35% |
|
|
|
Bush tax cuts |
|
|
|
|
|
25% |
|
|
2011 Republican plan |
|
|
|
|
|
|
15% |
|
2017 Trump plan |
|
|
|
|
|
|
|
0% |
Ultimate Republican goal** |
* |
Tax bracket for the top-most income. (In reality, the average
or "effective" tax brackets for the same people are significantly
lower.)
|
** |
cf.
924,
15291
|
|
|
-30-
|