From the Economic Policy Institute (http://www.epi.org/): House Republicans have unveiled their tax plan, and you shouldn’t believe the hype. They’ll tell you that high-income households won’t receive tax breaks. And that their tax plan will result in higher wages for … Continued
Posted at https://www.commondreams.org/news/2017/10/12/imf-says-higher-taxes-wealthy-good-idea-and-these-billionaires-agree Published on Thursday, October 12, 2017 by Common Dreams A more progressive tax code, says International Monetary Fund, would both significantly reduce inequality and help grow the economy By Jake Johnson, staff writer “Three decades of data … Continued
From the Institution on Taxation and Economic Policy (http://www.itep.org/): The myth that tax cuts for the wealthy are self-financing and eventually trickle down to everyone else has continued to be pushed by supply-side economics enthusiasts for more than four decades, … Continued