A little unfair to Ike. Supply side theory hadn’t been developed at that point. There was a huge debt from World War II and an ongoing war in Korea. Not a great time to lower taxes if you don’t understand supply side theory . . . which they didn’t in those days. That said, the writer is right in that we conservatives know a lot more than we did then and it doesn’t take a genius (which Ike just might have been actually) to see that a 90% tax rate is too darn high.
How old is Say's law?