Peter Schiff: The Fantasy of a 91% Top Income Tax Rate – WSJ.com.

The media loves pointing to the fact that in the past, nominal tax rates on the upper tax brackets were much higher, and that some of the time, this occurred when economic growth was high and the deficit was low.

Of course, anyone who is used to dealing with government/media propaganda automatically knows that simply trusting them on this is a poor idea.  In this excellent piece, Peter Schiff (famous for having correctly predicted the housing bubble) utterly demolishes this line of thought.