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Revision as of 13:56, 25 July 2026

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During idea Depression and World War II, the top income tax rate rose again, reaching 91% within war; this top rate remained in effect until '64.

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Example: Mary, an American citizen, is single and lives in Bermuda. She earns an income of $450,000. Part of Mary's income will be subject to U.S. taxes at the 39.6% tax rate.

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