04-16-2015, 03:56 PM
It's interesting that in the 1900's, prior to our entry into WWI, that the top marginal tax rate was 7%. It went up during the war, but after the war, it dropped down to 25%. Then Roosevelt happened...
http://taxfoundation.org/sites/taxfounda...ominal.pdf
http://taxfoundation.org/sites/taxfounda...ominal.pdf