
Key points
US top statutory vs effective income tax rate, 1913-2025 (%) | Statutory rate once topped 90%; effective rate has averaged ~17% since 1945
Image source: @StephenMoore

US top statutory vs effective income tax rate, 1913-2025 (%) | Statutory rate once topped 90%; effective rate has averaged ~17% since 1945
Image source: @StephenMoore