Tax Cuts Don't Lead to Economic Growth, a New 65-Year Study Finds

  • metta

    Posts: 39156

    Sep 17, 2012 4:19 AM GMT

    Tax Cuts Don't Lead to Economic Growth, a New 65-Year Study Finds

    http://www.theatlantic.com/business/archive/2012/09/tax-cuts-dont-lead-to-economic-growth-a-new-65-year-study-finds/262438/
  • Posted by a hidden member.
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    Sep 17, 2012 4:37 AM GMT
    Amen.

    The Bush tax cuts (which were heavily tilted in favor of the rich) - have been in place for eleven years now.
    The Repubs promised that the tax cuts would produce strong economic and job growth.
    Instead we got the Bush recession - and 8.7 million lost jobs as a result of the recession.

    The Bush tax cuts have also added 3 trillion dollars to the National Debt.

    The facts make it very clear that tax cuts for the rich accomplish only one thing.
    Helping the rich get richer.

  • Posted by a hidden member.
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    Sep 17, 2012 8:30 PM GMT
    Gee - I wonder why none of the RJ Repubs have commented on this thread.
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