New 65 Year Longitudinal Study Finds Tax Cuts Do Not Spur Economic Growth But Do Lead To Economic Inequality

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A study from the congressional research service titled Taxes and the Economy: An Economic Study of the Top Tax Rate Since 1945 shows that there is no correlation between tax breaks for the 1%. It does show however that cutting tax rates for the wealthy does spur income inequality.

(Thanks to the NYT for the graphic)

Story as Covered by The Atlantic

Story as Covered in a column by The New York Times

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