IRS archives show that during the "progressive" 1950s, when the rich faced headline income-tax rates of 91% or more, the actual income tax paid was more like 20%

IRS archives show that during the "progressive" 1950s, when the rich faced headline income-tax rates of 91% or more, the actual income tax paid was more like 20% pic.twitter.com/34Cj6eZfJA

— Callum Williams (@econcallum) February 12, 2026