<
https://www.bloomberg.com/news/articles/2020-12-16/fifty-years-of-tax-cuts-for-rich-didn-t-trickle-down-study-says>
"Tax cuts for rich people breed inequality without providing much of a
boon to anyone else, according to a study of the advanced world that
could add to the case for the wealthy to bear more of the cost of the
coronavirus pandemic.
The paper, by David Hope of the London School of Economics and Julian
Limberg of King’s College London, found that such measures over the last
50 years only really benefited the individuals who were directly
affected, and did little to promote jobs or growth."
<
http://eprints.lse.ac.uk/107919/1/Hope_economic_consequences_of_major_tax_cuts_published.pdf>
Via
mudhooks@pluspora.com.
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
