re: #210 Targetpractice, Worst of Both Worlds
From the end of WWII til the Kennedy tax cuts, the top bracket was resting around 91%. I’ve not heard any historian say that that period of America’s history was anything other than one of great economic prosperity and wealth. How is that possible if anything above 39.6% will lead to economic ruination?
Of course it won’t. But for conservatives this is no longer a rational discussion based on anything empirical. Instead it’s an article of faith for most on the right that taxes are evil and should never be raised; it’s what happens when rigid ideology trumps pragmatic problem solving.