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To: bsaunders
Hauser's Law shows that regardless of the highest marginal tax rate, total tax revenues stays at about 19% of GDP. This held true when the rich were being soaked in the 1950s with marginal tax rates of 90%+ as well as after the rate reductions with JFK, Reagan and Bush.
12 posted on 12/17/2010 7:51:00 AM PST by The Great RJ (The Bill of Rights: Another bill members of Congress haven't read.)
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To: The Great RJ

How did that law hold up under Stalin?


20 posted on 12/17/2010 9:31:22 AM PST by Defiant (There is no line on the march towards marxism that Democrats won't cross. Democrat=CPUSA)
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