US Tax rates in modern times

Update: have you ever asked yourself what the maximum rate to optimally tax a Nation should be? Some people have, so don’t worry …

Having perspective proves invaluable when formulating any sort of opinion. What do you think about the recent outcry regarding tax rates? Do you have an opinion of what the “right” level of taxation should be? Is 25% too much? Is 5% too little? How much should be taxed and how (directly/indirectly)?

Here is some hard data to jump-start any conversation:

From Greg Mankiw's blog

Originally posted here: average federal tax rates by income quintile (PNG Image, 600×480 pixels).

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