Mr. Hauser uncovered the means to answer these questions definitively.
On this page in 1993, he stated that “No matter what the tax rates have
been, in postwar America tax revenues have remained at about 19.5% of GDP.” What a pity that his discovery
has not been more widely disseminated.
Via Flutterby,
You Can't Soak
the Rich
Interesting …
Perhaps if the Democrats get control of the government come November, they
could try simplifying the tax code before raising taxes …
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