Dec.
4th
ECONOMY: Maybe crisis will bring fairness
The idea that tax cuts for the rich creates jobs has yet to be proven. There isn’t one statistic backing up this claim, and yet it’s the only song the conservatives sing. It’s quite to the contrary.
A recent study conducted by Owen Zidar found that economic growth in states with the biggest number of high-income earners was too insignificant to support the theory that they grew the economy following a tax cut affecting them.
So, if most jobs grow from small businesses and most small business owners are middle-income earners, then wouldn’t cutting taxes for the middle millions losing …