Steeply Graduated Income Tax Rates Enlarged Middle Class
| Income tax rate in 1950s for income level (adjusted for inflation) | |
|---|---|
| $32,000 - $64,000 | 22 |
| $500,000 - $600,000 | 65 |
| $3.2 million + | 91 |
Sources:
neweconomyworkinggr…
| Income tax rate in 1950s for income level (adjusted for inflation) | |
|---|---|
| $32,000 - $64,000 | 22 |
| $500,000 - $600,000 | 65 |
| $3.2 million + | 91 |