50 years of tax cuts for the rich failed to trickle down, economics study says

Tax cuts for the wealthy didn't boost the economies of the U.S. and 17 other countries — but they did worsen income inequality.

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People should be always taxed more depending on how much more they make starting at 500,000$ a year for a single person imo. Once you hit that threshold you're far above a normal human....far above.
- Yeah, the problem being that they get compensated in shares, etc, above that point, meaning they dodge all the income tax anyway.
- If wages/salary are your primary/only source of income, you are not part of the wealthy class, even if it is $500k. Not even close.

120 comments