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To: SeekAndFind


2 posted on 02/06/2013 7:21:42 AM PST by SeekAndFind
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To: SeekAndFind

EXAMINING THE ABOVE CHART:

The numerous changes in marginal individual income tax rates have had little perceptible effect on tax revenue, either as a percent of GDP or individual income tax revenue as a percent of total tax revenue. The marginal tax rate over this period ranged from a high of 70 percent and a low of 30 percent with no marked change in individual income tax revenue as a percent of GDP.


3 posted on 02/06/2013 7:22:42 AM PST by SeekAndFind
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