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Summary
DescriptionEffective tax rate in the US by top tax rate.svg
As the upper income tax is increased beyond 50% the revenue collected is reduced as people are more likely to evade taxes or look for additional deductions. Only the wealthy are affected, and they have the most choices. Increasing revenue in the current year, though, is not the most important consideration in choosing a tax rate. The greatest growth in tax revenue and employment comes for an upper tax bracket of between 86 and 90%. Data is for the United States.[1][2][3]
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http://creativecommons.org/publicdomain/zero/1.0/deed.enCC0Creative Commons Zero, Public Domain Dedicationfalsefalse
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Short title
U.S. Effective Tax Rate vs. Income Tax Rate 1944-2015
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