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  2. History of taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/History_of_taxation_in_the...

    The United States' corporate tax rate was at its highest, 52.8 percent, in 1968 and 1969. The top rate was hiked last in 1993 to 35 percent. [70] Under the Tax Cuts and Jobs Act of 2017, the rate adjusted to 21 percent.

  3. Income tax in the United States - Wikipedia

    en.wikipedia.org/.../Income_tax_in_the_United_States

    Federal, State, and Local income tax as a percent GDP Federal income, payroll, and tariff tax history Taxes revenue by source chart history US Capital Gains Taxes history In 1913, the top tax rate was 7% on incomes above $500,000 (equivalent to $15.9 million [ 96 ] in 2024 dollars) and a total of $28.3 million was collected.

  4. Corporate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Corporate_tax_in_the...

    Corporate tax is imposed in the United States at the federal, most state, and some local levels on the income of entities treated for tax purposes as corporations. Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017. State and ...

  5. 5 Presidents Who Raised Taxes the Most, and 5 Who ... - AOL

    www.aol.com/5-presidents-raised-taxes-most...

    A series of tax cuts throughout the 1920s, however, would take those rates down to some of the lowest percentages in history. It all started with the Revenue Act of 1921, which sent the top tax ...

  6. Reagan tax cuts - Wikipedia

    en.wikipedia.org/wiki/Reagan_tax_cuts

    The first tax cut (Economic Recovery Tax Act of 1981) among other things, cut the highest personal income tax rate from 70% to 50% and the lowest from 14% to 11% and decreased the highest capital gains tax rate from 28% to 20%. [1] The second tax cut (Tax Reform Act of 1986) among other things, cut the highest personal income tax rate from 50% ...

  7. Progressivity in United States income tax - Wikipedia

    en.wikipedia.org/wiki/Progressivity_in_United...

    CBO Median Income Tax Rates CBO Data Shares of Market Income and Net Federal Taxes, By Income Group, 2010 CBO Data Shares of Market Income and Net Federal Taxes, By Income Group, 2010 - 99% and 1%. As of 2010, there were 118.7 million taxpaying households in the United States. [6] The median marginal federal income tax rate is 15%. [7]

  8. History’s Biggest Tax Cheats - AOL

    www.aol.com/history-biggest-tax-cheats-010000403...

    Corporate America. Until the 2017 tax bill, the United States had the highest corporate tax rate in the developed world — 35%. Of course, a lot of corporations were finding ways not to pay it.

  9. Significantly, it also cut the highest tax rate from 39.6% to 37% and applied to it those earning over $500,000 a year, rather than around $427,000 (and $600,000 for couples, up from around $480,000).