All good points, Paul.
The 1950s-to-2000s comparison gets overused in the liberal thinktank press and it is a false comparison.
1950s tax brackets and 2000's tax brackets cannot be compared with much accuracy. Tax policies change year to year. The 1950s had higher economic productivity, almost worldwide monopoly conditions for some U.S. manufacturing industries and many more tax deductions than now. Also, the regulatory climate of the 1950s cannot compare to now, and certainly not under the regulation-heavy Obama administration.
Hey ... if we restore the 1950s tax rates, can we also get 1950s levels of regulation and 1950s deductions? I'll be spending no time on CM if that's the case. ;)
Found it at Exchanges - Warner Pacificwww.warnerpacific.com.
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3 days ago – The Senate – Mitch McConnell !!! • Gotta make ... The ACA's future is virtually assured .... watered down or even collapse under its own weight .