Top Marginal Tax Rates, A Brief Note
Posted in Taxation on Dec 26th, 2013
One often hears the claim that, “top marginal tax rates were once 90% and the US grew like gangbusters.” One may have also heard the expression, “the optimal top marginal tax rate is 70%.” With regard to the first claim – let’s ignore the macroeconometric problems with making such assertions. We can also ignore the […]