"“trickle-down” economics — a concept pushed by Republican to justify slashing taxes on the wealthy — have only benefited the rich and worsened economic inequality while failing to decrease unemployment or grow the economy."

"A paper from the London School of Economics and Kings College’s London, looked at the effect of 50 years of tax cuts for the wealthy in 18 developed countries: the concept has always been flawed."

salon.com/2020/12/27/50-year-s…

#economy #republicans #taxtherich #trickledown

50-year study of tax cuts on wealthy shows they always fail to "trickle down"

Tax cuts for the rich increase inequality and don’t grow the economy or decrease unemployment, research shows consistently

^{Igor Derysh (Salon.com)}