Year: 2013

The Bear’s Lair: The missed Eisenhower opportunity

U.S. lovers of high taxes frequently refer nostalgically to the glories of the Eisenhower years, when the top rate of tax was 91%, claiming their prosperity proves there to be no negative supply-side effects from high income tax rates. But if you look at the data more closely, the U.S. economy of the Eisenhower years […]