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In 1965, when the highest marginal fee was 70 p.c, the tax burden was 24.7 p.c of GDP, virtually exactly the identical. This act taxed 2 percent of non-public revenue that was greater than $4,000, which solely affected the top 10 percent. Don't fret, you have got one more probability to lower your tax bill. Did we -- wealthy and poor alike -- pay extra taxes up to now?