Yep. Get ready for the apologists though, who are going to tell you this obvious narrative is wrong because of (citation from mises.org),

Your graphic is a myth.. that falsely misleads people to believe that high tax rates are necessary for a good economy when it infact high taxes are detrimental.

The economy was a disaster under Roosevelt and didn't really recover until after he died.

On Clinton:

JD Foster

This post was edited by cambovenzi on Apr 30 2014 11:25am

vote conservative to save the earth

Im afraid that pollution has gone too far now, better have healthy economics to support technology to have a chance to save the planet

Roosevelt failed to meaningfully tackle the depression, your infograph is wrong. The depression continued until the advent of the Second World War.

Lower taxes do not create bubbles, misallocated resources do, as well as the cyclical debt/credit cycle, and an eventual crash is just the flushing out of those bad investments.

Deregulation and lower taxes led to explosive economic growth in the 80s to the present. JFK to Reagan to Clinton to Bush were all a part of it. The idea that lowering taxes led to an immediate recession a year later is as ridiculous as it sounds.

The wealthy don't hoard, that's generally something only the uneducated poor do.

They invest and either spend or reinvest profit.

Clearly they should be taxed because we need to raise revenues and fund programs, but the idea that a 90% tax on the wealthy is "good for the economy" is a farce. No credible economist believes that.

This is one of the dumbest things I've ever read.

You dont read much do you?
It wasn't even his dumbest post on this page.

The corporate entity thing might throw some people for a loop but the rest is pretty true.

japans history books being the most recent example i think