4 ms·
given how "spiky" the graph is, your numbers are pretty much cherry-picking: 1945-1970 is ranging from 35% to 45% -- and it definitely won't average to 45%, wh
by setr 6y ago
given how "spiky" the graph is, your numbers are pretty much cherry-picking:
1945-1970 is ranging from 35% to 45% -- and it definitely won't average to 45%, which it only reaches once
2000-2017(?) is ranging from 30% to 42%
You've basically taken the high point of range 1 and compared it to the low point of range 2 -- and "a bit higher" doesn't really cut it when you're talking about what looks to be about 37% for the latest datapoint... about half the distance between your cherries.
- refurb 6y agoAnd it's important to remember that changes in the effective rate aren't only due to changes in tax code. During a recession, when equities are doing poorly, you'll see a decrease in capital gains (which are taxed at a lower rate).