The marginal tax rate is the highest tax rate paid on someone's income and it only applies to income above a certain level. When Ronald Reagan became president in 1981, he slashed taxes, sending the marginal tax rate tumbling from 70% when he took office to just 28% when he departed. It has remained low ever since, according to data from the Tax Policy Center, never rising above 40%. Towards the end of the conflict, the highest marginal tax rate for U.S. earners was 94% while it remained as high as 91% well into the early 1960s. The plan would be offset by nearly doubling the capital gains tax for people earning more than $1 million per year while the top marginal income tax rate would be raised from its present 37% to 39.6%.
The Federal Reserve quietly ate the data.
( z0 eat :ARG0 ( z1 government-organization :name ( z2 name :op "Federal" :op "Reserve" ) ) :ARG1 ( z3 data ) :ARG1-of ( z4 quiet ) )
(z0 / eat-01
    :ARG0 (z1 / government-organization
              :name (z2 / name
                        :op1 "Federal"
                        :op2 "Reserve"))
    :ARG1 (z3 / data)
    :ARG1-of (z4 / quiet-04))
The Federal Reserve quietly ate the data .
z1 :name z2
z2 :op1 0
z2 :op2 1
z0 :ARG1-of z4
z0 :ARG0 z1
z0 :ARG1 z3