There's no need to maintain some religious faith against ever raising taxes for anybody though. I mean look at today's tax rates compared to the early 80s:
Instead of focusing on one particular tax rate (marginal individual rates) and ignoring all the others, why not just look at tax revenues?
They've been more or less flat (at 18.1% of GDP) for the past 50 years.
Instead of focusing on one particular tax rate (marginal individual rates) and ignoring all the others, why not just look at tax revenues?
They've been more or less flat (at 18.1% of GDP) for the past 50 years.
http://www.businessinsider.com/federal-government-budget-ove...