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2019	4.8 Satisfied (114 Votes)
2012	4.3 Satisfied (49 Votes)
2009	4.3 Satisfied (35 Votes)

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When did the US have a 90% tax rate?

The top individual marginal income tax rate tended to increase over time through the early 1960s, with some additional bumps during war years. The top income tax rate reached above 90% from 1944 through 1963, peaking in 1944, when top taxpayers paid an income tax rate of 94% on their taxable income.

Can the IRS collect taxes from 2009?

The IRS generally has 10 years from the date your tax was assessed to collect the tax and any associated penalties and interest from you.

What was the income tax in 2009?

For 2009, the indexed personal income tax rates, which includes the 0.25% surcharge, for single taxpayers and married taxpayers filing separately range from 1.25% of the first $7,060 (formerly, $7,168) of taxable income to 9.55% of taxable income over $46,349 (formerly, $47,055).

What percentage of all households paid no taxes in 2009?

A widely cited figure is a Joint Committee on Taxation estimate that 51 percent of households paid no federal income tax in 2009. (The TPC figure for 2009 also is 51 percent.) These figures are sometimes cited as evidence that low- and moderate-income families do not pay sufficient taxes.

What was the maximum federal tax rate on personal income in 2008?

For tax year 2008, there were six different tax rate classes ranging from 10 percent to 35 percent. The taxable income thresholds for each tax rate class varied depending upon the taxpayers filing status (single, married, etc.).