+- Drunkard's Walk Forums (http://www.accessdenied-rms.net/forums)
+-- Forum: General (http://www.accessdenied-rms.net/forums/forumdisplay.php?fid=1)
+--- Forum: Politics and Other Fun (http://www.accessdenied-rms.net/forums/forumdisplay.php?fid=17)
+--- Thread: Study: Trickle Down does not work (/showthread.php?tid=14002)
Study: Trickle Down does not work - SilverFang01 - 12-16-2020
Isn’t that just a fact?
Who knew that a "Department of No Shit" degree from the University of Duh would turn out to be so useful?
Fifty Years of Tax Cuts for Rich Didn’t Trickle Down, Study Says
Quote: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.
The paper, by David Hope of the London School of Economics and Julian Limberg of King’s College London, found that such measures over the last 50 years only really benefited the individuals who were directly affected, and did little to promote jobs or growth.