Taxes and growth

Since the 1930s, the top marginal tax rate has swung from a high of 94 percent to a low of 28 percent. But, contrary to conventional wisdom, America has often grown faster during high-tax periods than low-tax periods.

America has often grown faster during high-tax periods
Sources: Tax Policy Center, Urban Institute and Brookings Institution; U.S. Department of Commerce, Bureau of Economic Analysis. The Washington Post. Published on April 16, 2012, 9:18 p.m.
 
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