That top rate should be in the 66% range at all times. Why do you think the United States was able to build the interstate highway system in the 1950's? Maybe the higher marginal tax rates led to higher revenue? What a concept. The nerve of conservatives crying about deficits when the deficit exploded under Reagan & Bush 2 because of their tax cuts. You hate deficits? Quit bitchin about taxes. Tax revenue closes deficits.
The figures are here: http://ntu.org/tax-basics/history-of...ividual-1.html
We need to increase the tax rate on the top bracket in order to end deficits.
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