October 20th, 2017

Corporate tax cut propaganda

Economics & Politics

The White House is selling a tax cut designed for the rich as a boost for the working class. Cut taxes on capital, the White House claims, and investors will raise investment, hire more workers, and bid up wages — a.k.a. trickle-down economics. If the real goal is to use tax cuts to boost low wages, then do it directly, for example by expanding the Earned Income Tax Credit.

Read more in The Boston Globe

 

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