November 11, 2008

Tax Rates During the Depression

DepressionTaxes For those that haven't seen this, here's the highest bracket tax rates from 1925-1945, including the depression years of 1930-1940.

Raising tax rates didn't shorten the depression back then, nor will it shorten it in the future.  It's been tried.

(HT: TaxProf Blog).

-Colonel Steve

Colonel Steve
By Colonel Steve
Nov 11, 2008 9:22:41 PM

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