> With rates like 75% one hardly can argue they didn't go far enough.
In Scandinavia, we tried top marginal rates ~100% for a decade or two. :) Actually didn't work too badly, but the political mood changed, and rates were gradually lowered, now to a mere 60%. Some good effects of the cuts, some bad effects.
Nah, just social democracy. The "Law of Jante" is a parody of conservative small-town Denmark of ~1900 (a rough American analogue is Main Street by Sinclair Lewis), while social democracy is roughly the opposite, managing the rapidly urbanizing Denmark of 1930s-1980s and using the increasing economic strength to build a well-working, prosperous country. The kinds of people the Law of Jante parodies don't vote for the left-wing parties; they're more like American small-town conservatives who're suspicious of book-larnin' and PhDs and big-city lawyers and instead extol small-town and rural values. They would definitely not vote for raising taxes to pay for a metro system or a university, or anything of that sort. Church taxes though, they'd support. Social democracy is sort of the opposite, being generally pro-technology, pro-education, pro-urban-planning, and pro-infrastructure (some of the main things they put taxes towards).
In Scandinavia, we tried top marginal rates ~100% for a decade or two. :) Actually didn't work too badly, but the political mood changed, and rates were gradually lowered, now to a mere 60%. Some good effects of the cuts, some bad effects.