BUT HOW DO WE KNOW IT WON'T WORK IN ANOTHER 50

FMfeloniousmonk.bsky.socialOct 18, 2024 10:36pm

Filed under "No fucking shit".

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.

From an economist's perspective, supply side economics was the stupidest idea ever, and never had a shred of evidence that it worked.