High Tax Rates Don’t Raise Receipts

Despite the top individual tax rate fluctuating between 91 and 28 percent over the past 50 years, total individual tax receipts have remained fairly stable. The top rate increased in 2013 and is now at 39.6 percent.

Additional Sources:

Internal Revenue Service

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Date Produced: August 8, 2016

Source: Office of Management and Budget

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