It’s also amazing how many people on Twitter clearly do not remember the 90s where we raised the top marginal rate and experienced an unprecedented run of economic expansion.

I remember the 90's. I think it takes a revisionist to say raising the top marginal rate was what caused the economic boom. I would guess the big drivers were low oil prices and that dot com thing.

> I remember the 90's. I think it takes a revisionist to say raising the top marginal rate was what caused the economic boom. I would guess the big drivers were low oil prices and that dot com thing.

But it doesn't take a revisionist to see that shows that raising the top marginal rate won't doom the economy, like many incorrectly claim.

No, it takes a person given to speculation. I think it's disingenuous to use the dot com era as your example because of the shear magnitude of value that was being created during that time period.

The 90s had a lot of factors that led to economic expansion. Do you have data/research that explicitly links tax rates to that expansion? The numbers don't seem to add up like that to me.

The OP didn't say the expansion was caused by the increase in marginal tax rates.

The coincidence does falsify the argument that raising tax rates would prevent economic expansion.

It doesn't falsify that at all.

Particularly egregious is Congressmen (https://twitter.com/SteveScalise/status/1081579535114608640) and Governors (https://twitter.com/ScottWalker/status/1085199713463422981) pretending they've never heard of the concept.

Both Scalise and Walker are Republicans, of course.

It's almost like they have an ideological reason to sow confusion on this subject!