Quote:
Originally Posted by mookiemookie
I don't think he's arguing the point that it's fair, but it certainly does poke holes in the "the solution to everything, including unemployment, is to lower taxes" argument.
|
How does raising taxes improve business conditions and encourage employment?
Regardless, a 93% tax bracket does not mean anyone ever paid anything remotely close to 93%.
The year John Kerry ran he paid an effective rate of ~15%. His top marginal rate was 39%.