Luddly Neddite
Diamond Member
- Sep 14, 2011
- 63,947
- 9,980
- 2,040
Tax Cuts For The Rich Linked To Income Inequality, Not Economic Growth, Study Finds
More of what we already know -
Very nice little graphs at the link.
More of what we already know -
A new study by the nonpartisan Congressional Research Service has found that over the past 65 years, tax cuts for the rich have not led to economic growth and instead are linked to greater income inequality in the United States.
The study found that cutting taxes for the rich does not increase saving, investment, or productivity growth. "The top tax rates appear to have little or no relation to the size of the economic pie," the study said.
Very nice little graphs at the link.