I need those figures for tax rates under recent presidents.

[grasswire]

Does someone have that offhand? I keep seeing people screaming on FB about Bernie taking 90 percent from everyone.

[JonLeibowitz]

1. The Tax Foundation has you covered:

http://taxfoundation.org/sites/taxfoundation.org/files/docs/fed_individual_rate_history_adjusted.pdf

They also have versions in nominal dollars and in Excel format.

[Live and Learn]

2. Here is a good one:

[seabeyond]

13. Interesting

[Eric J in MN]

3. I wish Bernie Sanders would release what new income tax brackets he wants.

Or say that he wants to keep income tax brackets the same.

Give us something to reply to the "Bernie Sanders wants to tax you at 90%" claim.

[senz]

21. The highest percent only affects the part of a person's income that exceeds the top margin.

90% of us would never get there, and even those that did would only pay on the portion of their income that's over the top.

If anyone says, "Bernie wants to tax you at 90%" tell 'em they don't know what they're talking about.

[Thinkingabout]

4. Sanders has said he did not think it would be 90% but did not know what the rate would be.

[JonLeibowitz]

5. Your comment appears not to address the OP. As such it is unhelpful. n/t

[Thinkingabout]

7. A chart had been provided in Post #2, perhaps it will be helpful to you, btw, your comment

is not helpful either and did not address the OP

[JonLeibowitz]

8. I address the OP in Post #1. You failed to do so whatsoever. I accept your apology. n/t

[Thinkingabout]

9. Did you address the OP? No.

[JonLeibowitz]

10. Post #1 did not? Explain. This I have to hear...

[Thinkingabout]

11. Why are you telling me I did not address the op, you have not

Addressed it either, now can you explain why you did not address the op but expect others to do so?

[JonLeibowitz]

12. In Post #1 I linked to the Tax Foundation's PDF on historical tax brackets in real 2012 dollars.

I fail to see how I didn't address the OP. However, you clearly have not.

[Thinkingabout]

15. Clearly I did respond to the op.

The op stated "I keep seeing people screaming on FB about Bernie taking 90 percent from everyone."
To which I replied in post #4 "Sanders has said he did not think it would be 90% but did not know what the rate would be."

To which you replied "Your comment appears not to address the OP. As such it is unhelpful. n/t"

Clearly I made a comment about Sanders saying the same which people are screaming about on fb, I also followed the thread and saw the chart had been provided and I decided to address the next portion of the OP.

[Live and Learn]

14. Yes it did. Perhaps you should check the link provided before responding. nt

[Thinkingabout]

16. Did you read post #4? post #4 said I did not respond to the OP and

In post #15 I have shown I did respond to the OP of which I was told I had not.

[JonLeibowitz]

17. I wouldn't waste any more time on this thread and poster. Post #15 is pure garbage.

[Live and Learn]

18. I know. I do try to avoid certain nonsensical posters. nt

[Travis_0004]

6. i dont think it matters

Nobody paid 90% back then. You could write off things you wouldnt dream of writting off today. Pull some tax returns of old presidents if you dont believe me.

90% was there on paper, perhaps just so people with no clue about the differences in the tax code can talk about how 90% would work today.

In 1950, I can go on a business trip. Deuct every single meal I ate 100%. Bring my wife along, deduct her expenses 100%. Put it on my credit card, and deduct the interest 100%. Not to shabby.

If you are bored look up housers law. Despite vast changes in marginal tax rates, revenue as a percent of GDP has not really changed in 50 years.

[senz]

19. Here's a graph I've used

The source is the National TaxPayers Union

[senz]

20. Here is a chart listing top marginal income tax rates from 1913 - 2015

http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=623&Topic2id=30

[senz]

22. Grasswire, I hope you know how the income tax works.

I'm no expert, but I do know that we have a graduated income tax, with the percentage going up in regular steps from 0% for those who had little or no income to the highest % (currently ~ 39%) on the portion of a person's income that exceeds the top margin. The vast majority of us will never reach the top bracket. The very rich also pay in brackets, so their first x number of dollars is taxed at the lowest rate, the next x number of dollars at the next rate, until whatever they have over the top bracket is taxed at the top rate.

I hope that's clear. I'm sure someone else could explain it better.