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Your Tax BracketTax brackets are moving targets, shifting as the years go by in the eternal political tug-of-war. That's the story of the fiscal cliff, with Democrats generally championing tax hikes for the rich and Republicans favoring decreased governmental aid to the less fortunate.

With Pres. Barack Obama returning from his holiday in Hawaii to try to resolve the fiscal cliff conflict, we thought it was worth sharing this interactive chart created by Ritchie King at Quartz. You can type in your taxable income and see your tax rate in any year, going all the way back to 1913.

tax rate chart

Although many are arguing that tax rates are too high, a historical glance at effective income tax rates -- defined as what you pay in federal taxes divided by your taxable income -- indicates that current percentages for top income earners are significantly lower than in decades gone by. During the 1950s and '60s, for example, the top income tax rate was over 90 percent.

House Speaker John Boehner (R-OH) has proposed a bill raising the marginal tax rate for those earning $1 million or more to 39.6% from 35%. Obama has proposed that same increase, but for everyone earning $400,000 or more. As the chart demonstrates, if you earned $1 million in taxable income this year, the effective tax rate would be 32.7%. In 1956, by contrast, it would have been 70.7%.

That hindsight -- plus a little push from Warren Buffett -- may give even the wealthiest opponents of tax hikes a little added perspective while we wait for the current tug-of-war to end.

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joe

this huff post bs assumes that we r all as stupid as tthe writer....ever hear of inflation you nit wit????

January 03 2013 at 7:00 PM Report abuse rate up rate down Reply
rgmac12

he went on vacation ... and now he's back ........ glad Joe Biden ran the show for him ... even though he was there

January 03 2013 at 5:50 PM Report abuse rate up rate down Reply
randmyan

I agree with longdrive61. This article is very misleading. In addition to what longdrive61 posted, you had numerous deductions back in the 50;s and 60's. Almost any household expense and all interest was deductable.
I really amuses me when I hear Libs repeat this same old canard about the 90% tax rates that the wealthy had back in the day especially when they tell only one side of the story. Yes the rates were that high but almost no one paid their income tax at that rate because of the deductions, that;s the whole story.

January 03 2013 at 6:43 AM Report abuse rate up rate down Reply
dgmz144

New Year's Resolutions for 2013 file for bankruptcy,

January 01 2013 at 10:52 AM Report abuse rate up rate down Reply
dgmz144

you people vote for Barack Obama now we are stuck with him and now **** is not getting an better,now tax hikes ,and they cute unemployment,now because of the tax hikes means more layoffs and less jobs now,that really good,how dose that help us as the America now tell me

January 01 2013 at 10:47 AM Report abuse rate up rate down Reply
dgmz144

now they will tell you people now got job because the unemployment has drop 40% and it is bullshit because obama cute the unemployment off so it look like people got jobs and now ever one,is now loseing there house and cars because of the cute so it makeing us look good

January 01 2013 at 10:36 AM Report abuse rate up rate down Reply
1 reply to dgmz144's comment
parkerntx2

I hope that you are still in High School with the evidence you have on unemployment. There are close to 12.9% unemployed----the major factor is that the ones who have stopped getting benefits, stopped looking for work and live off welfare, and stopped seeking an education are NOT counted each quarter into these numbers. So, the numbers are much lower such as when the census workers were counted as full time workers and worked only one month. There are over 47 billion people on the government handout lists at anyone given time in 2012 and more will go on it in 2013. And there will be cuts to these programs like medicaid denying dental to those kids who don't practice dental hygene like brushing twice a day or mommy feeding them sugary foods like cake and bread.

January 01 2013 at 4:45 PM Report abuse rate up rate down Reply
dgmz144

yeah now Obama cute the unemployment so now they will tell you that the unemployment now has drop 40% that bullshit

January 01 2013 at 10:31 AM Report abuse rate up rate down Reply
dgmz144

(1)
Emergency Unemployment Compensation (EUC) benefits will end on December 31, 2012, unless the program is extended or augmented by the Federal government. All potentially eligible individuals will be notified if extended unemployment benefits become available in the future.
Due to exceedingly large call volumes and lengthy waiting periods, please avoid filing Unemployment Insurance claims by telephone. File via the Internet instead.

Unemployment Insurance benefits are paid faster to those who certify on Sundays from 8:00am to 3:00pm via the Internet

January 01 2013 at 10:29 AM Report abuse -1 rate up rate down Reply
Dewey and Candace

This is awesome. So let me get this straight. Urken is saying that in this economy with higher energy prices, less jobs, higher healthcare costs (and the promise of even higher costs thanks to the ACA), and higher foods prices, we should be totally fine with the government taking more of our money because, according to his little graph, it could be much worse. Is that about right? Well, that makes it all better then. Somebody break out the bubbly and let's all drink to higher taxes. WooHoo!!!

December 31 2012 at 10:19 PM Report abuse +1 rate up rate down Reply
1 reply to Dewey and Candace's comment
lawmutt55

He's saying for the government to take more only if you are among the wealthiest Americans. Those who have profited the most, greatly, from this country and society.

January 01 2013 at 12:35 PM Report abuse rate up rate down Reply
2 replies to lawmutt55's comment
Larry

This is a country of equal opportunity, not equal outcome. Some people work harder than others and achieve success. For this, BHO vilifies them and raises their taxes that's total BS.

January 01 2013 at 12:54 PM Report abuse rate up rate down
attyacampbell

Nothing I said differed from this country being one of equal opportunity for all. Do you honestly believe the sole determinent of outcome is how hard someone worked? The real issue is insuring everyohne has an equal opportunity. That is what the minimally higher taxes on those who benefit most from this country will fund.

January 01 2013 at 5:57 PM Report abuse -1 rate up rate down
efleishman

democrackso: thank god for people like you who stand up for every rotten , idiotic, idea that comes along.
it makes it easy to identify you. you are so obvious about the things you hate, that people don't even bother talking or listening to you. aren't you the person who said that every morning the obamas go down to the basement of the white house and take secret train to a secret mosque in Georgetown where they read the Koran?
Yeah it was you. Thank you for protecting us from those awful liberals. You can't even define the Solyndra
situation no less comment about it. You are a 100% American who hates everyone equally. You are a great person. At least we see you coming....not like the secret haters and conspiracy guys who come out of the woodwork with a new crazy idea every morning.

December 31 2012 at 10:05 PM Report abuse -2 rate up rate down Reply
4 replies to efleishman's comment