#3
#3
The economy grew at an annual average rate of 3.9 percent between 1950 and 1960, when the statutory corporate tax rate was over 50 percent. Between 2000 and 2010, the statutory corporate tax rate was 35 percent (over 15 percentage points lower than the rate in the 1950s), and annual economic growth averaged 1.8 percent (less than half of the growth rate in the 1950s).https://www.epi.org/publication/ib364-corporate-tax-rates-and-economic-growth/
MAGALol,
Going back 60 years to find a rebuttle to DD's argument?
You guys should just concede to Trump now, save a lot of trouble.
Seriously, it's embarrassing for you.
You don’t suppose the gigantic expansion of our economy because of World War II had anything to do with that just maybe???#3
The economy grew at an annual average rate of 3.9 percent between 1950 and 1960, when the statutory corporate tax rate was over 50 percent. Between 2000 and 2010, the statutory corporate tax rate was 35 percent (over 15 percentage points lower than the rate in the 1950s), and annual economic growth averaged 1.8 percent (less than half of the growth rate in the 1950s).https://www.epi.org/publication/ib364-corporate-tax-rates-and-economic-growth/