Eat the Rich


Megan McArdle:

As the angry debate over Ryan’s budget plan wears on, one suggestion I’m seeing over and over is that we should just raise personal and corporate income tax rates back to where they were in the 1950s, when marginal tax rates were 50% on corporate income and up to 90% on personal income.

Really? Who’s saying that? Anybody of any significance?

Fact:

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