It is an article of faith among the veddy, veddy, smaht liberal cognoscenti that the 91% top marginal tax rate is what led – directly – to the building of The Greatest Generation and their Greatest Accomplishments and All that is Great in America.
It is therefore, unsurprising, now that The Boy King has been reinstalled, that they are angling for a return to the glory days of earning 9 cents on the dollar. (Yes, liberals, I’m aware it’s the top marginal rate, not the first $200k, okay?… *Sigh*).
Have these veddy, veddy smaht people never heard of the intellectual head-fake – really, a rookie move – known as confusing/conflating corollaries and causation? Why pick the 91% tax rate? Why not pick poodle skirts? Fedoras? Everyone wore them at the time so surely that’s what caused our national prosperity, right?
91% of people who get cancer ate carrots, so surely it’s carrots that cause cancer, right?
Pick one: They’re morons or they are lying to you, because it has to be one. If you take it as an article of faith that the veddy, veddy smaht cognoscenti are at least book-read enough to know the data, then you are left with evil – simple, pure, evil lying.