Blogs
Greg Mankiw | On the Taxation of Capital Gains
I kicked off a fun discussion
The American | Do tax rates matter? Absolutely!
But taxes are important. One of my favorite bloggers, Tino Sanandaji of the University of Chicago, constructed the above graph — the color of which I altered just a smidgen — which shows changes in the top marginal tax rates in advanced economies from 1975 through 2008, combined with growth in per capita income from the OECD. Guess what? Countries that cut taxes more had higher growth.
