Why can't we go back to the Eisenhower tax code? (user search)
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  Why can't we go back to the Eisenhower tax code? (search mode)
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Author Topic: Why can't we go back to the Eisenhower tax code?  (Read 6516 times)
Associate Justice PiT
PiT (The Physicist)
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« on: December 07, 2016, 03:17:13 PM »
Quote from: Gustaf on December 07, 2016, 12:08:55 PM
Basically, all countries used to have super-high top marginal tax rates and then all countries scrapped them once we figured out it actually decreases revenue through incentive effects.

     As it happens confiscatory tax rates really serve no purpose other than to, well, confiscate.
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