In response to:

If You Want to “Soak the Rich,” Keep Tax Rates Low

FletchforFreedom Wrote: Sep 27, 2012 1:03 PM
I couldn't care less what your inciompetent lack of research skills demonstrates about what you can find. Actually BEING an economist for the last three decades, I use this data every day. if you are too incompetent to look up the EASILY found statistics for real total compensation published by the BLS, I can not be held responsible for your ignorance and disconnect from reality.

I’ve pulled evidence from IRS publications to show that rich people paid a lot more to Uncle Sam after Reagan reduced the top tax rate from 70 percent to 28 percent.

 

But the Gipper wasn’t the only one to unleash the Laffer Curve. The United Kingdom saw similar dramatic results when Margaret Thatcher lowered the top tax rate from 83 percent to 40 percent. Allister Heath explains.

During the 1970s, when the tax...

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