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That time period also happens to be when the top rates of income tax started to be cut dramatically.
by nicoburns 3y ago
That time period also happens to be when the top rates of income tax started to be cut dramatically.
- eru 3y agoIn some countries, yes. But they only had been raised to those crazy levels not too long before. (And people didn't actually pay those crazy top rates in practice, they used tax optimisations.)