Income Disparity Sparked by Low Top Marginal Tax RatesChart: Source Over the last 100 years we’ve had two major troughs occur in our top marginal rates. These troughs were the only periods in the history of the United States where the top marginal capital gains tax rate was dropped below 20%. The first led to the great depression, and the second has lead to our current great recession. Presently the top marginal capital gains tax rate sits at 15%.
Table of Contents & Page Links
1) Income Inequality Influences the US Personal Savings Rate
2) Income Disparity Sparked by Low Top Marginal Tax Rates
3) Unequal Distribution of Wealth
4) Tax Breaks and Tax Loopholes for the Rich
5) Low Capital Gains Tax Rates Cause Investment Bubbles
6) Great Depression VS Great Recession
7) The Job Creators Myth Debunked
8) Government Spending and the National Debt
This is a working paper and will be updated and expanded upon as time permits. All comments, questions, and alternative opinions are greatly appreciated.
Brian Rogel isn’t a household name but his analysis of wealth inequality could become household reading. -YAHOO! News