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According to Paul Krugman, Elizabeth Warren has a bold plan to raise taxes on the top 1% (or less) of our population who have net worth in excess of $50,000,000. I think it's a good idea, but it likely would not get signed into law until we have a Democratic president.
Ironically, the highest marginal taxes we have ever had as a country during peacetime (92%) were in place when a Republican (Eisenhower) was in office in 1953 (they peaked at 94% in 1944 and 1945) - and our country was doing very well.
Eisenhower, incidentally, was the last Republican president to balance the budget, which he did in 1956 and 1957. The last president before Clinton was LBJ in 1969.
Both parties have raised and lowered taxes. Here is a brief history of the new and prior rate:
2018 - 37% (39.6%)
2013 - 39.65 (35%)
2003 - 35% (38.6%)
2002 - 38.6% (39.1%)
2001 - 39.1% (39.6%) *
1992 - 39.6% (31%)
1991 - 31% (28%)
1986 - 50% (70%)
1968 - 70% (77%)
1964 - 77% (91%)
1963 - 91% (92%)
1953 - 92% (91%)
* If the Clinton era rates had been left in place, our national debt would have been eliminated entirely by 2011. The last time that our budget had a surplus were the years 1998, 1999, and 2000, when Clinton was in office.
Then we got George W. Bush, who cut taxes three times.
In contrast, the tax cuts under Reagan TRIPLED the national debt when he was in office. When George Bush raised taxes in 1992, it cost him a chance at a second term (remember "read my lips?")
Trump's tax cuts have already caused a deficit of $1 trillion THIS YEAR.