tax cuts for wealthy dont stimulate the economy:study

Which tax cuts stimulate the economy? | Tax Break



“Almost all of the stimulative effect of tax cuts,” Zidar found, “results from tax cuts for the bottom 90 percent. A one percent of GDP tax cut for the bottom 90 percent results in 2.7 percentage points of GDP growth over a two-year period. The corresponding estimate for the top 10 percent is 0.13 percentage points and is insignificant statistically.”


not paying any federal taxes....doesn't stimulate the economy either.
 
from 1950 to 1963 the top tax rate was over 90%.


that was a good economy and you people cant change these facts


We also were not a welfare entitlement state either..... I agree....it was better back then.


No welfare...no food stamps... no free medical.... a lot less sucking off of the government teat.
 
Which tax cuts stimulate the economy? | Tax Break



“Almost all of the stimulative effect of tax cuts,” Zidar found, “results from tax cuts for the bottom 90 percent. A one percent of GDP tax cut for the bottom 90 percent results in 2.7 percentage points of GDP growth over a two-year period. The corresponding estimate for the top 10 percent is 0.13 percentage points and is insignificant statistically.”

"Owen M. Zidar, a graduate economics student at the University of California at Berkeley, and a former staff economist on the White House Council of Economic Advisers for President Obama"

He's an Obama drone.

Enough said.
 
Yeah more studies from the left, kinda like this one:

Tax Cuts Cause Income Inequality

Congressional Research Service



tax-the-rich.jpg

:eusa_whistle:
 

Forum List

Back
Top