What Is Your Historical Tax Rate

I have been waiting for someone to come up with this for a long time now.  Finally, here it is!  You can enter in your current salary and see what percent you would pay in taxes for every year between 1913 and 2012.

There are a few things I would like to point out.  First, look at how much higher the tax rates for top earners has been historically.  During those vastly higher times, there were major economic booms.  This is really all the evidence you need to expose the lies of those that say we need lower taxes on the highest earners in order to grow the economy.  There is no correlation between taxes on high earners and economic growth.  None.

Second, the tax rates in 1982 look very attractive.  This is the year that Ronald Reagan cut taxes.  Yet Republicans can’t even get behind a Democratic proposal that makes tax rates even lower than that for high income earners and much higher than that for low income earners.  Republicans today are determined to inflict as much pain on the lowest earners as possible.  All in the name of Shared Sacrifice.