Cutting taxes for rich people made developed countries more unequal but failed to grow their economies over the last half-century, a new study says. The paper from the London School of Economics and King’s College London challenges the idea that trickle-down tax policies -- like those implemented in the US and elsewhere since the 1980s...
50 years of tax cuts for the rich failed to boost economic growth: study
New York Post - 16 Dec 2020 22:20
Cutting taxes for rich people made developed countries more unequal but failed to grow their economies over the last half-century, a new study says. The paper from the London School of Economics and King’s College London challenges the idea that trickle-down tax policies -- like those implemented in the US and elsewhere since the 1980s...
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