Jun 2, 2011

Do tax cuts for the rich really create jobs?

There is little evidence to suggest that low tax rates for the wealthy and corporate welfare does much to create jobs. Data supports quite the contrary. Historically, when tax rates on the rich are higher, the economy does better. "In the 1950s, which had one of the sharpest periods of economic growth in all of American economic history, the top marginal tax rates for the richest Americans stretched above 90 percent. Read more.....

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