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Nonpartisan Tax Report Removed After Republican Protest

eldavojohn writes "On September 14th a report titled 'Taxes and the Economy: An Economic Analysis of the Top Tax Rates Since 1945' (PDF) penned by the Library of Congress' nonpartisan Congressional Research Service was released to little fanfare. However, the following conclusion of the report has since roiled the GOP enough to have the report removed from the Library of Congress: 'The results of the analysis suggest that changes over the past 65 years in the top marginal tax rate and the top capital gains tax rate do not appear correlated with economic growth. The reduction in the top tax rates appears to be uncorrelated with saving, investment, and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution. As measured by IRS data, the share of income accruing to the top 0.1% of U.S. families increased from 4.2% in 1945 to 12.3% by 2007 before falling to 9.2% due to the 2007-2009 recession. At the same time, the average tax rate paid by the top 0.1% fell from over 50% in 1945 to about 25% in 2009. Tax policy could have a relation to how the economic pie is sliced—lower top tax rates may be associated with greater income disparities.' From the New York Times article: 'The pressure applied to the research service comes amid a broader Republican effort to raise questions about research and statistics that were once trusted as nonpartisan and apolitical.' It appears to no longer be found on the Library of Congress' website."

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  1. Re:Romney Kills Baby Seals by Anonymous Coward · · Score: 5, Informative

    Oddly, Attila the Hun was very liberal for his day, and could be considered liberal even today. Among the very progressive (for the times) things he enforced:

    - It was fairly typical for him to take a city and then kill all of the political leadership, but not punish the populous. He then would let it be known that he knew who had commanded the opposition, and that the fight was now over with their disposal. Of course if anyone then tried to resume the fight he was incredibly brutal in retaliation. The idea of punishing the people responsible for war rather than the common man is something we still struggle with nowadays.

    - Having been a near-slave himself early in life he abolished the idea of being born into slavery. The only people who were slaves were the people who were conquered.

    - With the exception of the inherited emperorship (which was always going to go to whichever of his many children proved the most able), governmental positions were almost all by merit rather than political connection. This was virtually unheard of anywhere in the world at the time.

    - Religious freedom was enforced all across the empire (because the largest in history it should be noted). In fact he seems to have enjoyed religious debate, and the most scholarly work comparing and contrasting religion of the time all came out of his capital where he brought diverse religious leaders together and invited them to debate before the court.

    Most of this is from "Genghis Khan and the Making of the Modern World" (a great read): http://www.amazon.com/Genghis-Khan-Making-Modern-World/dp/0609809644

    Other pieces from the traveling museum exhibit that it seems will next be in Chicago in Feb (I saw it in San Jose): http://fieldmuseum.org/about/genghis-khan-invades-chicago