Congressional Research Service Report On Tax Cuts For Wealthy Suppressed By GOP (UPDA

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Congressional Research Service Report On Tax Cuts For Wealthy Suppressed By GOP (UPDATE)

Congressional Research Service Report On Tax Cuts For Wealthy Suppressed By GOP (UPDATE)

Rep. Sandy Levin of Michigan, the top Democrat on the Ways and Means Committee, demanded the CRS explain its decision. "The impartial research and advice provided by CRS experts informs and strengthens the work of Congress. However, this valuable role hinges on the impartiality of CRS analysts and their freedom from political pressure. As with other non-partisan institutions, subjecting CRS analysts to political considerations undermines the legislative process and the American people’s trust in it," Levin wrote in a letter to CRS. "Therefore I was deeply disturbed to hear that Mr. Hungerford’s report was taken down in response to political pressure from Congressional Republicans who had ideological objections to the report’s factual findings and conclusion."

Nonpartisan Study: No Proof That Tax Cuts For Wealthy Lead To Economic Growth | Democratic Policy & Communications Center

In a rebuke to long-held Republican economic theory, a nonpartisan report has found that there is no evidence that tax cuts for millionaires and billionaires leads to improved economic growth.The report also found that tax cuts for the wealthy increase income disparities.

The analysis, conducted by the Congressional Research Service, compared tax policy with GDP patterns over the last 65 years. The report's findings undermine a central tenet of Republican party orthodoxy on taxes.

The report was first released in September but was removed from public circulation shortly thereafter, apparently after pressure was applied by Senate Republican leaders.

We are re-posting the report here, in its original form, so that it receives the unfiltered exposure it deserves as a nonpartisan analysis. Click here to read the study.

http://www.dpcc.senate.gov/files/documents/CRSTaxesandtheEconomy Top Rates.pdf