Fair Tax, Flat Tax, US Taxes

Lower Rates, Simplified Tax Code Are Keys to US Recovery

Professor Anthony Davies has produced a fascinating, yet simple clip that chronicles US tax revenue over time as compared to historical tax rates.

From the 90% highest marginal tax rates some 50 years ago to record low tax rates under Reagan, US tax receipts have remained amazingly constant at 17-18% of GDP.

http://www.zerohedge.com/news/real-tax-rate-conundrum

About TaxFootprintUSA

Here to shake your hand...

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s