[justshutupandtakeit]

This was discussed above when you first posed the 95% rate question. It is a good question but I showed that it is easily answered by the FACT that when rates were actually around that level for the highest brackets (prior to the Kennedy tax cuts) inflation was not the problem your "theory" would lead one to believe would occur.

Income taxes are not direct price determinants. Over time if enough capital were drained away the general price level could be affected because of a rise in the rate of return to capital but that is a macro problem and not germane to the micro one of determining a particular price.

[Principled]

THe kennedy example is not related. First, we're discussing an increase in rate, not a decrease. Second, we aren't talking about inflation.

You need to get out of the classroom some.