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Fiscal year source - PowerPoint PPT Presentation

Tax Revenues Do Not Correlate Well with Tax Rates

Chart 3. Tax Revenues Do Not Correlate Well with Tax Rates. 100%. 90%. 80%. Top Income Tax Bracket. 70%. 60%. 50%. 40%. 30%. Total Tax Revenue as Percent of GDP. 20%. Income Tax Revenue as Percent of GDP. 10%. 1950. 1955. 1960. 1965. 1970. 1975. 1980. 1985. 1990. 1995.

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Fiscal year source - PowerPoint PPT Presentation

Tax Revenues Do Not Correlate Well with Tax Rates