She says it’s about time people “pay their fair share,” and that she needs the dough to fund her Green New Deal. Others are saying that since we had high top marginal rates in the past, it’s no problem to have them now — and maybe the economy would be even better! Well, no, no, and no.
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Related Links
“Says the Left: We Were Rich and Awesome When Taxes Were Higher,” by Tom Woods
“Didn’t We Used to Have High Taxes and Prosperity?,” by Tom Woods
“Anti-Obamanomics: Why Everyone Should Be in Favor of Reducing Taxes on the ‘Rich,” by George Reisman
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