I think it is fair to say that our tax rates were higher when we were paying for the second world war and perhaps debt from the depression as well. It seems not a great leap to conclude that our taxes need to increase as a result of the recent military adventures and the Great Recession.
More excellent work from VisualizingEconomics:
Top Tax Rates (1916-2010)
Dustin
Fri, 15 Apr 2011 14:11:26 GMT
Brucetheeconomist's Blog 