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Tax Cuts For The Rich Do Not Spur Economic Growth: Study

Races for the Senate, U.S. House, etc. and other issues of national importance.

Tax Cuts For The Rich Do Not Spur Economic Growth: Study

Postby ilikebeans » Mon Sep 17, 2012 12:37 pm

So sayeth the Congressional Research Service, released on Friday.

The study delves into the last 65 years of U.S. tax policy pertaining to high earning Americans — including top marginal rates on income and capital gains taxes — and how it impacts their decision-making. The conclusion: cutting effective taxes on the rich doesn’t boost economic growth, but it does correlate with rising income inequality.

So there we go; short 'n sweet. Republicans? Your thoughts on your party's entire economic platform being one big, stinkin' pile?
ilikebeans
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Re: Tax Cuts For The Rich Do Not Spur Economic Growth: Study

Postby rabble » Mon Sep 17, 2012 12:41 pm

Well that historical data doesn't really count because things have changed so much. We should be using only the very recent data for our predictions...

Oh, wait. That's kind of the opposite of how we're dealing with those global warming idiots, isn't it?

Damn.
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