Posted on Feb 13, 2017
Nonpartisan Study: No Proof That Tax Cuts For Wealthy Lead To Economic Growth
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This study seems to directly contradict the core of conservative economic policy.
“The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”
“The reduction in the top tax rates appears to be uncorrelated with saving, investment and productivity growth. The top tax rates appear to have little or no relation to the size of the economic pie. However, the top tax rate reductions appear to be associated with the increasing concentration of income at the top of the income distribution.”
Nonpartisan Study: No Proof That Tax Cuts For Wealthy Lead To Economic Growth
Posted from dpcc.senate.gov
Taxes
Economy
Conservative
Posted 8 y ago
Responses: 2
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Most interesting ... this report is 4 years old and was released 4 days before the Election 2012....
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CPT Alexander Grant
right before the GOP suppressed it because they didn't like the results:
http://www.forbes.com/sites/rickungar/2012/11/02/non-partisan-congressional-tax-report-debunks-core-conservative-economic-theory-gop-suppresses-study/#77edb94e431b
http://www.forbes.com/sites/rickungar/2012/11/02/non-partisan-congressional-tax-report-debunks-core-conservative-economic-theory-gop-suppresses-study/#77edb94e431b
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PO3 (Join to see)
SFC George Smith LOL !!! So True !! Uncle ! Uncle ! Please ! My sides are killing me! LOL !!
The chance of them understanding what your talking about SFC George Smith,,,, 0%
The chance of them understanding what your talking about SFC George Smith,,,, 0%
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No kidding! :) Growth is based on perceived market opportunity, not access to surplus capital. In the face of market opportunity there are always ways to get capital, but excess capital without opportunity won't cause companies to create jobs they don't need.
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