Quote:
Originally Posted by Tom Joad
Over the past 50-60 years there is almost a direct correlation between the lowering of taxes on the rich and the deterioration of the economy.
Trickle down economics has been an abject failure.
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Depends what "taxes" you're talking about, doesn't it. What taxes are you referring to? Capital gains? Personal income tax? What? Care to post any studies from reputable sources that support your assertion?
For a competing perspective:
http://www.theguardian.com/business/...ming-economies
Switzerland is probably still one of the more "capitalist" countries in Europe. Singapore? No capital gains tax. Zip, zero, nada.