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the top federal income tax rate for the highest earners was 91% (and 92% in 1952 and 1953). Tax Foundation However, the reality of how much the wealthy actually paid differs significantly from that headline number: • The 91% bracket threshold: This top rate only applied to taxable income over $200,000 (roughly $2 million in today's dollars), affecting a very small fraction of households. M Washington Resea... +1 • Marginal vs. effective rates: BecauseMarginal vs. effective rates: Because the 91% rate applied only to income above that high threshold-and because wealthy taxpayers utilized various deductions, loopholes, and capital gains preferences-the effective tax rate (what the top earners actually paid) was much lower, estimated to be around 17% to 42% depending on the specific group and whether state and local taxes are included. f Facebook • Free To... +2 You can read more about the breakdown of statutory versus effective rates via the Tax Foundation. ® If you'd like, I can: • Compare these 1950s rates to modern tax brackets • Explain how deductions and loopholes worked back then • Look at capital gains rates in the 1950s https://www.google.com/search?q=what+rate+were+the+rich+taxed+in+1950&ie=UTF-8&oe=UTF-8&hl=en-us&client=safari&iga=1&utm_campaign=safari_share_1<