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.
Can't Soak the Rich
Perhaps if the Democrats get control of the government come November,
they could try simplifying the tax code before raising
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