Quote:
Originally Posted by GrumpyOldMan
And the US Corporate tax rate went from 1% in 1910 to 52% in 1968. A period of massive growth in the US economy. There is little evidence that high tax rates are a disincentive to investment in America. But, I agree also that at 52% there was a lot of motivation to move the "profit" centers offshore.
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WW1 and WW2 had something to do with the "massive" growth.