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Debunking the myth that the US once prospered despite extremely high taxes

Proponents of tax increases argue that the top tax rate in the U.S. and other countries used to be much higher in the past in the U.S., in 1961, it was 91% and yet the economy still did fine. How much truth is there to this argument? ....

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Let's base policy on real facts, not misleading statistics

From all those lists of best books of 2022, here’s one with the potential to change public policy debate and discourse for the better. It’s The Myth of American Inequality, and the three authors are two Ph.D. economists, former Sen. Phil Gramm and his long-ago Texas A&M colleague Robert Ekelund, and former Bureau of Labor Statistics assistant commissioner John Early. Their subject is government statistics and how they present a misleading picture of recent economic history. ....

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