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> The most famous economic boom in U.S. history, right after World War II, occurred when the top rates on dividends were between 70 and 90 percent. This seems
by RHSeeger 9y ago
> The most famous economic boom in U.S. history, right after World War II, occurred when the top rates on dividends were between 70 and 90 percent.
This seems very much like presenting correlation without any semblance of causation. Specifically, "right after World War II" is a pretty significant variable to ignore. The financial impact of the war being over (and massive amounts of resources being re-allocated) may well have been large enough to counteract any other variables.
- jrs95 9y agoBut it's a really popular meme so who cares? It's not like Bloomberg is supposed to understand economics or something