Tax cuts DO NOT "grow the economy." They ONLY make inequality worse.
One example, 2012 US Congressional study found no correlation between tax cuts and growth. https://www.nytimes.com/news/business/0915taxesandeconomy.pdf
Another
London School of Economics
Tax cuts for the wealthy only benefit the rich: debunking trickle-down economics
https://www.lse.ac.uk/research/research-for-the-world/economics/tax-cuts-for-the-wealthy-only-benefit-the-rich-debunking-trickle-down-economics
#taxes #growth
Dave Johnson
npub1xg…98cqp
2024-09-05 08:05:32 UTC
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2024-09-05 08:05:32 UTCEvent JSON
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