Where did rates go from there?

The Week (US) - - News 11 -

Mostly up. The U.S. passed mas­sive tax hikes to pay for World War I, in­clud­ing the first ver­sion of the es­tate tax, and raised taxes yet again to fi­nance the enor­mous costs of World War II. In 1944, the top in­come tax rate peaked at 94 per­cent on tax­able in­come over $200,000—about $2.5 mil­lion to­day.

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