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  • Why Higher Deficits Don't Mean Higher Income Tax Rates [View article]

    On Aug 20 09:37 AM traden4alpha wrote:

    > I draw the exact opposite conclusion from the graph.
    > The graph shows that an >70% tax rate enabled repayment
    > of the debt and that tax rates less than 70% led to growing debt.
    > Ergo, the tax rate will return to >70% to help repay the debt.<br/>
    > Of course the larger issue is that the top marginal rate tells very
    > little of the full story
    Aug 22, 2009. 02:31 PM | Likes Like |Link to Comment
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