tag:blogger.com,1999:blog-379856994574950364.post9206365435175911279..comments2023-08-25T08:45:09.672-04:00Comments on The Supply Side: Wednesday summary: Lindsey defends the wealthy; Domitrovic pans Geithner's corporate tax reform advocacy; Ron Paul grills Bernanke.Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-379856994574950364.post-89164696613745834672012-03-01T00:55:25.314-05:002012-03-01T00:55:25.314-05:00Pethokookis "In 1980, the top U.S. marginal i...Pethokookis "In 1980, the top U.S. marginal income tax rate was 70 percent; today it is 35 percent. Yet the share of total income taxes paid by wealthier taxpayers has risen sharply. That is powerful evidence that the United States was on the wrong side of the Laffer Curve back in 1980."<br /><br />No, that's just plain not true. Taxes paid by the wealthy are lower now under Obama than they have been even before Reagan. And so the rest of his article crumbles with this lie.Anonymousnoreply@blogger.com