Why does a low top marginal tax rate always seem to correspond with turbulent and troublesome economic times?

When rates on the super rich are high, then companies will pay them less (no reason to waste money by giving it to the government). So they are able to reinvest the profits in the business, allowing it to grow with less debt. Currently all those CEO's sit on each others boards and pay exorbitant salaries to each other, to the detriment of the company, under the pretense that they have to pay that much to get qualified people. They believe that only they are qualified. If those people were worth what they are being paid, then we wouldn't have had to spend billions of dollars to bail them out.