Bevendre

If it reduced the amount that they paid then it was not through the raising of tax rates so much as it was finding ways around said tax rates.  Raising the amount that someone pays in taxes, aka their tax rate, doesn’t reduce the amount that they pay unless the individual makes a conscious effort to write off various activities and practices to lower the amount that they pay.  Or they don’t pay.

Having a blanket tax increase that affects everyone equally wouldn’t help much because it would cause a greater change in the lives of those with lower incomes while those with higher incomes would complain more and be effected less.  Putting in tax brackets for the super rich and having their rates be higher, however, means more money going to the government to be distributed to different programs for the betterment of a larger amount of people than if it were to remain stagnant sitting in a billionaire’s billfold.

If you can find that study, or the info about raising tax rates on the rich hurting the economy feel free to send it my way though.