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Wolters Kluwer, CCH can assist you with stories, including interviews with subject experts. Also, the 2014 Whole Ball of Tax is available in print. Please
contact:
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(847) 267-2179
eric.scott@wolterskluwer.com
Brenda Au
(847) 267-2046
brenda.au@wolterskluwer.com
Visit the Whole Ball of Tax site often as new releases and other updates will be posted
throughout the tax season.
Wolters Kluwer, CCH provides special CCH Tax Briefings on key topics at: CCHGroup.com/Legislation.
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2014 CCH Whole Ball of Tax
A Historical Look at Top Marginal Income Tax Rates
Note: For much of tax history, the top rate is figured by adding a “surtax” rate to a basic rate.
Year |
Regular |
Surtax |
Total Top Rate |
1913-1915 |
1% |
6% |
7% |
1916 |
2% |
13% |
15% |
1917 |
4% |
63% |
67% |
1918-1921 |
8% |
65% |
73% |
1922-1923 |
8% |
50% |
58% |
1924 |
6% |
40% |
46% |
1925-1931 |
5% |
20% |
25% |
1932-1933 |
8% |
55% |
63% |
1934-1935 |
4% |
59% |
63% |
1936-1940 |
4% |
75% |
79% |
1941 |
4% |
77% |
81% |
1942-1943 |
6% |
82% |
88% |
1944 |
3% |
91% |
94% |
1945-1963 |
3% |
88% |
91% |
1964 |
3% |
74% |
77% |
1965-1981 |
70% |
|
70% |
1982-1986 |
50% |
|
50% |
1987 |
38.5% |
|
38.5% |
1988-90* |
33% |
|
33% |
1991-1992 |
31% |
|
31% |
1993-2000 |
39.6% |
|
39.6% |
2001 |
39.1% |
|
39.1% |
2002 |
38.6% |
|
38.6% |
2003-2012 |
35% |
|
35% |
2013-2014 |
39.6% |
|
39.6% |
*During 1988-90, tax on top income could not be determined without using a worksheet, but 33% appears to have been the highest rate paid.
Source: Wolters Kluwer, CCH: 2014
nb-14-10
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