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http://www.snopes.com/fact-check/high-income-earners-tax-rate/(permalink)
Author: snopescom
Factors
veracity
credible
language
English
Date published
2019-01-04
Entities
Tax rateProgressive taxTaxable incomeNew York (magazine)Economic inequalityRich RobinsonFederal government of the United StatesAvailIncome tax in the United StatesGreen New DealCBS NewsAnderson Cooper60 MinutesDwight D. EisenhowerIncome taxVox MediaRonald ReaganJohn F. KennedyAlexandria Ocasio-CortezNew York CityCNNInitiativePoliticoTrickle-down economicsSupply-side economics

Claims (1)

  • The marginal tax rate for high-earning individuals or families in 1980 was 70%.

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