Originally Posted by notbobtrustme
This is objectively false. If you look back in history, higher taxes have led to better growth and better social mobility. During the '50s and '60s, the top bracket tax was something like 70%. There were a lot of deductions, but the overall tax burden was still much higher than today. During the 80s, taxes on the top bracket (and overall) were higher than today and the US economy grew like gangbusters.
Today, taxes are at their lowest since the income tax was established. And we are still slogging through an extremely slow recovery. And the GOP wants to slash taxes even more.
No. The government is WAY TOO &#*%ing big.