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Comment by Domenic_S

15 days ago

“Should be” is doing a lot of heavy lifting there - I have heard reasonable arguments either way - but it misses the point: whether the personal tax rate was all-time high or an all-time low, personal tax revenue stays roughly the same historically. In other words it’s a trap - raising the rate might make you feel better, but if history is any indicator it won’t change anything for everyday citizens.