Down through the years, rates as high as 90% were not uncommon. It has remained low ever since, according to data from the Tax Policy Center, never rising above 40%. This is expected to involve investments to fight poverty, reduce childcare costs, establish a national paid leave program and introduce both free prekindergarten and community college. 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. The marginal tax rate is the highest tax rate paid on someone's income and it only applies to income above a certain level.
Betty Midler is a Republican.
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(z0 / have-org-role-91
    :ARG0 (z1 / person
              :name (z2 / name
                        :op1 "Betty"
                        :op2 "Midler"))
    :ARG1 (z3 / political-party
              :name (z4 / name
                        :op1 "Republican")))
Betty Midler is a Republican .
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z0 :ARG0 z1
z0 :ARG1 z3
z3 :name z4
z4 :op1 2