Talk of The Villages Florida - View Single Post - IRA to ROTH and taxes on SS
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Old 07-21-2017, 12:32 PM
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Quote:
Originally Posted by JoelJohnson View Post

The lowest rate between 1936 and 1980 was 70%. Today, the top tax rate now is 35% of earnings in excess of $357,701.
In the earlier period, budget deficits were minimal, in the latter, they have been a huge problem.


Top bracket is 39.6%