3 ms·
Adapted from a much better article here: https://voxeu.org/article/taxing-1-why-top-tax-rate-could-be-over-80 https://voxeu.org/article/taxing-1-why-top-tax-rat
by dougmwne 8y ago
Adapted from a much better article here:
https://voxeu.org/article/taxing-1-why-top-tax-rate-could-be-over-80 https://voxeu.org/article/taxing-1-why-top-tax-rate-could-be...
The caption on Figure 2 in this article claims that there's zero correlation between top bracket tax cuts and GPD growth. My eyes must be playing tricks on me because I see a possible correlation. I think this might be a good example of conclusions in search of evidence. There must be other ways to break down the economic data to prove or disprove the hypothesis in an unbiased way, if anyone cared to do so.
- jquery 8y agoOnly changes in “effective rates” is meaningful anyway. A correlation between nominal rates (which no one paid) is almost useless.