Thomas E. Woods, Jr., is the New York Times bestselling author of 11 books, including The Politically Incorrect Guide to American History and Meltdown (on the financial crisis). A senior fellow of the Ludwig von Mises Institute, Woods has appeared on MSNBC, CNBC, FOX News, FOX Business, C-SPAN, Bloomberg Television, and hundreds of radio programs... (Read More)
You may have figured out that this issue drives me up a wall; here’s my own take on the subject. Now here’s Peter Schiff in the Wall Street Journal smacking down the increasingly conventional claim that “the rich” paid 91% marginal income tax rates in the past, and we had a super economy.
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