65 Years of Tax Cuts for the Wealthy Created Record ‘Inequality’ Not ‘Prosperity,’ says Report | Common Dreams

Well, duh. There was no trickle down–again.

A new study by the non-partisan Congressional Research Service, which reviewed nearly 65 years of US tax policy and its impact on the overall economy, has found that though cutting the effective tax rate for the nation’s wealthiest is a great way to increase undesireable economic inequality, it does not—as Republican rhetoric so frequently claims—do anything to boost employment or fuel economic growth.

via 65 Years of Tax Cuts for the Wealthy Created Record ‘Inequality’ Not ‘Prosperity,’ says Report | Common Dreams.

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