Currently,the top income tax rate in effect is the highest it has ever been.

Name: Currently,the top income tax rate in effect is the highest it has ever been.
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Quizplus · Accepted Answer

This statement is false. While the top income tax rate has varied throughout history, it has been higher in the past. For example, in 1944-45, the top income tax rate was 94%. In the 1960s and 1970s, it was as high as 70%. Currently, the top income tax rate in the United States is 37%.

Currently,the Top Income Tax Rate in Effect Is the Highest