[taildragger]

MM...

Thanks. Yes Reagan going to Flatter and Fairer in 87' raised the rates. Under Clinton and his exit it was 20% and Dividends could run as high as 39+%. It was no wonder everyone was into go-go tech stocks and everyone shied away from Utilities etc. It was GWB who brought them both down to 15%.

FWIW, lets try a Flat tax of 15%, Corp tax of 15% and Divies and Cap gains @ 15%, lets try it for two years and see what happens. The inner Bernie Sanders in all the Dem's in DNC will have a canary as this economy takes off...

[mountn man]

And who brought the capital gains tax down from 29.19% to 21.19% in '97 after they had been raised to 29.19% in '93 ?

Why it was Newt Gingrich and co.'s Contract With America.

In '97, realized taxes from capital gains was $364.8 billion.

The following year, despite a 25% cut in the capital gains tax rate, revenues rose by $89 billion.