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>>>The most productive decades in the US correspond with its highest relative tax rates, between the fifties and the eighties. The most productive decades in t
by thrwy_meta 4y ago
>>>The most productive decades in the US correspond with its highest relative tax rates, between the fifties and the eighties.
The most productive decades in the US also correspond with a period when the US was essentially the only industrial power not absolutely shattered by World War 2. In global economic terms, the post-war period was a huge anomaly, and I would be hesitant to tie too many conclusions/correlative effects to something as singular as domestic tax policy.
- sdenton4 4y agoThis is Piketty, and therefore has a pile of non-US data to point to on this front as well. (Though USians are typically quick to ignore any evidence that isn't from the US.)