[quote=SK in CV]Interesting point. At the height of the cold war (from 1950 to 1963), when Joseph McCarthy was looking for a communist under every bed, the top tax rate WAS over 90%. Turns out it didn’t make everyone poor. It was a pretty good period of growth, particularly for the middle class.[/quote]
So, what you’re saying is war = good period of growth and 90% tax rate = good period of growth. How come we’re not seeing great period of growth since we have 2 wars? Is it because we don’t have 90% tax rate?
