The Lesson of Wealthy Americans’ Rich History of Dodging Super High Income Tax Rates

As you’ve probably been reminded umpteen times this month (grazie, AOC), the top U.S. income tax rate used to be vastly higher than today’s. It maxed out at around 90 percent during the Eisenhower years and later hovered at 70 percent until Ronald Reagan came around started slashing. Now, it’s a measly 37 percent.

from Stories from Slate http://bit.ly/2RTIwbK