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

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

Fifty Years of Tax Cuts for Rich Didn’t Trickle Down, Study Says

Tax cuts for rich people breed inequality without providing much of a boon to anyone else, according to a study of the advanced world that could add to the case for the wealthy to bear more of the cost of the coronavirus pandemic.

Bloomberg
#usdebtcrisis #reganomics #uspolitics I had a convo with a former Democrat. I said the debt goes up during #republican adminstrations and down in #democratic ones. They thought I was mixed up. I repeated myself. They didn't believe me. The narrative we are all led to believe in is FALSE. The "#conservatives " give HUGE TAXCUTS to the rich and increase Military spending. The "tax & spend #liberals " invest in people and infrastructure. Click to reveal the whole chart. What you don't know can kill ya.