As every rich person knows
We find that major reforms reducing taxes on the rich lead to higher income inequality as
measured by the top 1% share of pre-tax national income. The effect remains stable in the
medium term. In contrast, such reforms do not have any significant effect on economic growth
and unemployment. (emphasis mine)
You're welcome.
Comments
-
-
So the International Institute for Inequalities was able to successfully validate their own trademark hypothesis.HHusky said:http://eprints.lse.ac.uk/107919/1/Hope_economic_consequences_of_major_tax_cuts_published.pdf
We find that major reforms reducing taxes on the rich lead to higher income inequality as
measured by the top 1% share of pre-tax national income. The effect remains stable in the
medium term. In contrast, such reforms do not have any significant effect on economic growth
and unemployment. (emphasis mine)
You're welcome.
That settles it. -
Imbecile. If people want to read a partisan analysis of economics, they can always look at the drivel that Paul Krugman produces. You're thought of as the gimp from pulp fiction around these parts.HHusky said:http://eprints.lse.ac.uk/107919/1/Hope_economic_consequences_of_major_tax_cuts_published.pdf
We find that major reforms reducing taxes on the rich lead to higher income inequality as
measured by the top 1% share of pre-tax national income. The effect remains stable in the
medium term. In contrast, such reforms do not have any significant effect on economic growth
and unemployment. (emphasis mine)
You're welcome.
Emphasis mine. -
Well, dazzler you have been asked this dozens of times but you never get around to answering the question. How does Bill Gates's wealth effect a middle class school teacher? A oil worker? A postman? Don't hurt yourself. During the Trump administration the US middle class was having a record increase in real income. Of course, that's not what really concerns leftards. Those people who are better off vote for more prosperity. Can't have that. Thus you leading the cheerleading for putting tens of millions of regular people out of work while increasing the wealth of Zuckerberg and Bezos. Congrats.HHusky said:http://eprints.lse.ac.uk/107919/1/Hope_economic_consequences_of_major_tax_cuts_published.pdf
We find that major reforms reducing taxes on the rich lead to higher income inequality as
measured by the top 1% share of pre-tax national income. The effect remains stable in the
medium term. In contrast, such reforms do not have any significant effect on economic growth
and unemployment. (emphasis mine)
You're welcome.
PS Be sure to ignore legal and illegal immigration that increases the number of poor people in the US. -
Hardhat always righthardhat said:
Imbecile. If people want to read a partisan analysis of economics, they can always look at the drivel that Paul Krugman produces. You're thought of as the gimp from pulp fiction around these parts.HHusky said:http://eprints.lse.ac.uk/107919/1/Hope_economic_consequences_of_major_tax_cuts_published.pdf
We find that major reforms reducing taxes on the rich lead to higher income inequality as
measured by the top 1% share of pre-tax national income. The effect remains stable in the
medium term. In contrast, such reforms do not have any significant effect on economic growth
and unemployment. (emphasis mine)
You're welcome.
Emphasis mine. -
I was a PM on early Microsoft offices back in the day. Bill Gates had more money than me then. He has even more money than me now. Income gap has GROWN!!!
What should we do? -
Cancel billionaires. Raise taxes super high. Studies by left wing think tanks show this works every time.RaceBannon said:I was a PM on early Microsoft offices back in the day. Bill Gates had more money than me then. He has even more money than me now. Income gap has GROWN!!!
What should we do? -
Despite the fact that 2019 was my best year financially in my entire life, little did I know how bad I had it on account of the Wealth Gap between me and Mark Zuckerberg increasing.RaceBannon said:I was a PM on early Microsoft offices back in the day. Bill Gates had more money than me then. He has even more money than me now. Income gap has GROWN!!!
What should we do? -
Get vaccinated.RaceBannon said:I was a PM on early Microsoft offices back in the day. Bill Gates had more money than me then. He has even more money than me now. Income gap has GROWN!!!
What should we do?
-
2020 will be even better. When I got out of college in the early 90's, making $30,000 a year was pretty damn good. Kids coming out of college today with lame degrees are still making $30,000/yr. But how much was rent back then vs. today? Most young people are brainwashed into believing what dipshits like the dazzler have to sell and little do they understand what the future has in store for them. My 3 kids should survive because they're all conservatives.SFGbob said:
Despite the fact that 2019 was my best year financially in my entire life, little did I know how bad I had it on account of the Wealth Gap between me and Mark Zuckerberg increasing.RaceBannon said:I was a PM on early Microsoft offices back in the day. Bill Gates had more money than me then. He has even more money than me now. Income gap has GROWN!!!
What should we do?
