politics @lemmy.world · 2 years ago

50 years of tax cuts for the rich failed to trickle down, economics study says

www.cbsnews.com

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50 years of tax cuts for the rich failed to trickle down, economics study says

www.cbsnews.com

FenrirIII@lemmy.world to

politics @lemmy.world · 2 years ago

117

Tax cuts for the wealthy didn't boost the economies of the U.S. and 17 other countries — but they did worsen income inequality.

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ZombiFrancis@sh.itjust.works
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2 years ago
Wealth isn’t held, or taxed, in income. Taxes on the wealthy are dodged or gamed away. Cut them or raise them, the actual wealth won’t be targeted through income.

politics @lemmy.world

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