Lawrence Summers Quote

No free country will ever again have anything like the 90 percent tax rates that we had in this country. Past a certain point, high marginal tax rates are, indeed, terribly destructive.


David Wessel, The Wall Street Journal (April 5, 1998) "Rich now pay more in taxes", Mobile Register, p. F1.


No free country will ever again have anything like the 90 percent tax rates that we had in this country. Past a certain point, high marginal tax...

No free country will ever again have anything like the 90 percent tax rates that we had in this country. Past a certain point, high marginal tax...

No free country will ever again have anything like the 90 percent tax rates that we had in this country. Past a certain point, high marginal tax...

No free country will ever again have anything like the 90 percent tax rates that we had in this country. Past a certain point, high marginal tax...