An economic history lesson for tax warriors @IlhanMN @ACO @SenSanders When the top marginal tax rate DECREASED from 91% to 35% over time, the tax share of the rich INCREASED. So if you RAISE the top tax rate to 70-90%, you'll LOWER the tax burden paid by the rich, see chart.

An economic history lesson for tax warriors @IlhanMN @ACO @SenSanders When the top marginal tax rate DECREASED from 91% to 35% over time, the tax share of the rich INCREASED. So if you RAISE the top tax rate to 70-90%, you'll LOWER the tax burden paid by the rich, see chart. pic.twitter.com/kZTeCsacLo

— Mark J. Perry (@Mark_J_Perry) February 1, 2019