Quote:
Originally Posted by CliffFletcher
And yet our highest marginal tax rate is far lower than it was 30-50 years ago. Maybe someone needs to look at why the wealthy today are far more resistant to paying taxes than their parents and grandparents were.
(This graph shows U.S. rates, but Canadian tax rates have followed the same trend). |
Weird.
I was trying to correlate the chart to recessions and mentally made the connection the the low tax's pre-dated the dirty 30's, the 80's collapse and were also lowered prior to the 2008 collapse....
Boom times with growth had higher taxes on the wealthy....
Now, would someone with actual rescission dates and whom is far less lazy then me quickly prove how wrong I am and how I over simplified the data as I am sure I did?