James Kwak: Tax Policy Revisionism: “In an otherwise unobjectionable article… …the generally excellent David Leonhardt wrote… In the 1950s, the top rate exceeded 90 percent. Today, it is 39.6 percent, and only because President Obama finally won a yearslong battle with Republicans in early 2013 to increase it from 35 percent.”… The 39.6 percent tax rate… … Continue reading Morning Must-Read: James Kwak: Tax Policy Revisionism