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50 years of tax cuts for the rich failed to trickle down, economics study says (www.cbsnews.com)

submitted 3 weeks ago by D_a_X@feddit.org to c/finanzen@feddit.org

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geteilt von: https://feddit.org/post/3946115

Aus Mastodon von Michael Albert übernommen:

Britische Forscher haben herausgefunden, dass Steuersenkungen für Reiche keinen (Trickle-Down-) Effekt auf den Wohlstand eines Landes haben. Die Reichen werden lediglich reicher und die Ungleichheit steigt.

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[-] Phoenicianpirate@lemm.ee 1 points 3 weeks ago

Don't forget the Kansas trickle down attempt and how it failed in the most epic manner imaginable.

[-] Xatolos@reddthat.com 1 points 3 weeks ago

Link? I haven't heard about that one and would like to know more about it.

[-] Phoenicianpirate@lemm.ee 4 points 3 weeks ago

https://en.wikipedia.org/wiki/Kansas_experiment

https://www.brookings.edu/articles/the-kansas-tax-cut-experiment/

https://www.removepaywall.com/search?url=https://www.businessinsider.com/kansas-experiment-with-tax-cutting-failed-on-its-own-terms-2017-6

https://ips-dc.org/kansas-tried-trickle-economics-didnt-work/

https://kansasreflector.com/2022/11/21/this-architect-of-kansas-tax-policy-failure-mocks-our-state-leaders-cant-ignore-recent-history/

And... apparently some people still want to do it despite its resounding failure...

https://www.fastcompany.com/91137047/kansas-trickle-down-economics

[-] Xatolos@reddthat.com 2 points 3 weeks ago

Thank you for those

this post was submitted on 20 Oct 2024

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