Monday, November 4, 2019

US Corporate Tax Rate History


Changes in the US Top Corporate Tax Rate started modestly in 1909 at 1%.  The Top Rate rose to 12% during World War I and to 40% during World War II.  It peaked at 52.8% during the Vietnam War.

Top Rate by Year
1909 1.0%
1916 2.0%
1917 6.0%
1918 12.0%
1919 10.0%
1922 12.5%
1925 13.0%
1926 13.5%
1928 12.0%
1929 11.0%
1930 12.0%
1932 13.8%
1936 15.0%
1938 19.0%
1940 24.0%
1941 31.0%
1942 40.0%
1950 38.0%
1951 50.75%
1952 52.0%
1964 50.0%
1965 48.0%
1968 52.8%
1970 49.2%
1979 46.0%
1987 40.0%
1988 34.0%
1993 35.0%
2018 21.0%

Norb Leahy, Dunwoody GA Tea Party Leader

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