Monday, February 13, 2012

Why we should let the Bush tax cuts die


Source: "Its the Inequality, Stupid," Mother Jones
The graph shows that the Bush tax cuts brought taxes for millionaires to a level that has not been approached since the Hoover administration and the 1929 stock market crash. It also shows that during the period of very high economic growth in the United States form 1945 to 1965 millionaires were taxed at a much higher rate than they are now.

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