Meanwhile, the percent of revenue the government takes in as a percent of GDP is the same. It's stayed roughly around 18% no matter what the top rates are, except now the government takes in way more revenue than it did back then, even when you control for population growth and inflation. If we want more revenue, we should try to create economic growth so that government is taking a slice from a much bigger pie, not just levy more taxes.
those were good economic years and we won a big war with them
Why do you feel it necessary to continue to defend what the American public has accepted as reality? Does this victory lie that uneasy on your head? You can stop now. This is the new America. and soon. very soon, your life will change like the rest of ours is going to change too.