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A comment on Fed likely to keep raising rates. Parent comment

Re:Fed likely to keep raising rates by refurb on Friday October 12, 2018 @10:34AM (#18201685)
The percentage of all taxes paid by the top 10% hasn’t really changed over the past century.

Despite have marginal rates >70%, very few people ever paid them.

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Re:Fed likely to keep raising rates by ceejayoz on Friday October 12, 2018 @11:08AM (#18201913)
True for the top 10%. Put in the top 1% (~$500k), though, on the effective tax rate chart at https://qz.com/74271/income-tax-rates-since-1913/ and you'll see it has dropped significantly for that population (by about half) since about 1980.
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