Swedish fashion, much like Swedish architecture and design, is characterized by modernity, simplicity and clean geometric shapes. On the streets of Sweden, women often pair gray and black skinny...
For income made in 2015, the highest marginal income tax rate in the U.S. has been set at 39.6%. That will apply to single filers who made more than $413,201, to married joint filers who made over $464,850 and to heads of household who made at least $439,001. The income tax rate applies not necessarily to one's entire income, but only to taxable income, or gross adjusted income.
The top marginal tax rate applies to the highest bracket. Income is taxed at higher rates as more is earned. We turned to the Tax Foundationâs federal income tax rates history, which documents figures going all the way back to 1913, when the income tax began with the ratification of the 16th Amendment. During the eight years of the Eisenhower presidency, from 1953 to 1961, the top marginal rate was 91 percent.