_The tax law’s proponents claim that it won’t increase levels of inequality because the money that the rich will...
_The tax law’s proponents claim that it won’t increase levels of inequality because the money that the rich will save will “trickle down” to other American households and lift their boats too.
Empirical evidence, however, suggests otherwise. Specifically, channeling more money to the rich, via tax cuts, does not improve economic growth, worsens educational opportunities for poorer Americans and even reduces life expectancy, which declined for a second year in a row in 2017._
How would you demonstrate to the average person the disparities in #wealthinequality?
https://www.pri.org/stories/2018-02-05/how-rich-are-rich-if-only-you-knew
Empirical evidence, however, suggests otherwise. Specifically, channeling more money to the rich, via tax cuts, does not improve economic growth, worsens educational opportunities for poorer Americans and even reduces life expectancy, which declined for a second year in a row in 2017._
How would you demonstrate to the average person the disparities in #wealthinequality?
https://www.pri.org/stories/2018-02-05/how-rich-are-rich-if-only-you-knew
Comments
Tax havens do well and that is all.