The Mythical 91% Tax Revenue Booster

By: alanjoelny (Diary)  |  December 8th at 11:39 AM  | 

Peter Schiff handily debunks the growing myth that “higher taxes are good for economic growth”. Liberals gleefully cite the strong economy of the 1950s and the 91% tax margin as proof. He uses tax data comparisons and patterns to show how woefully incorrect their assertions are. What the Left fails to comprehend or deliberately doesn’t explain is that at those times, there were an enormous | Read More »