Nice graph, I have a little observation about that if I may, if you look at the graph, and then look at the tax rates for the years that graph represents, it does seem sort of out place does it not? LEt me give you an example ,
In 1974 the top rate was 70% and today its what ? 35%? so the books get bigger and the rates get lower? Would seem to me the reverse would be true would it not? So does this not make a good case for basically reducing the number of tax regulations rather than the tax rate themselves?
In 1974 the top rate was 70% and today its what ? 35%? so the books get bigger and the rates get lower? Would seem to me the reverse would be true would it not? So does this not make a good case for basically reducing the number of tax regulations rather than the tax rate themselves?