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October 22, 2008

Check this out

I just stumbled across some very interesting data.

Over the last half Century the percentage of fed. tax filers who didn't owe anything (didn't earn enough to owe any) reached it's lowest point in 1969 at 16% of filers and the next lowest was the previous year in 1968 at 16.9%.

Now, guess when the highest corporate tax rate was over the same period.

You got it - 1968 and 69 at 52.8%

Interesting, no?

Posted by Kevin at October 22, 2008 08:10 AM