We can have high growth with high taxes like they did in the mid 20th century, if we're as good at tax avoidance as they were then.pic.twitter.com/KkAqbOmrU8
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And I myself remember constant references to "tax shelters" in popular culture, even in sitcom plots.
Maybe that is true. Additionally, the decline of top rates also gives less incentive to avoid today. But still open how much this
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