tag:blogger.com,1999:blog-8241505550351823820.post8400550042176582662..comments2024-02-11T06:57:23.174-05:00Comments on SchansBlog: a relatively easy way to balance the budget in a decadeEric Schansberghttp://www.blogger.com/profile/16147388189415035752noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8241505550351823820.post-20081628935485321842010-09-28T18:59:10.269-04:002010-09-28T18:59:10.269-04:00JFK cut the top MTR from 91% to 70%.
I'm not...JFK cut the top MTR from 91% to 70%. <br /><br />I'm not sure about the proportion of people who were exposed to various levels of MTR. <br /><br />I know it got a whole lot worse in the 1970s with "bracket creep"-- where (high) inflation was moving people into higher tax brackets because their nominal incomes were higher (even though their real incomes were constant).Eric Schansberghttps://www.blogger.com/profile/16147388189415035752noreply@blogger.comtag:blogger.com,1999:blog-8241505550351823820.post-9371282954387461952010-09-28T18:56:14.361-04:002010-09-28T18:56:14.361-04:00Eric, how do marginal income tax rates today compa...Eric, how do marginal income tax rates today compare to the rates years ago, say in the 1960s when the US had such a strong economy?William Langhttps://www.blogger.com/profile/04308959355199753193noreply@blogger.com