Quote:
Originally Posted by DTK
Studies have shown that there is absolutely no evidence of this.
It also ignores actual history. During America's most prosperous time, the 50's & 60's, the top marginal tax rate was between 71%-91%. Look it up.
The 'Trickle Down Theory' has been proven to be a lemon that continues to be sold by the ultra-rich, thanks their inordinate ability to manipulate the media to keep selling said lemon.
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I heard, so not sure, but with the higher tax Rates, they also had a TON more deductions.
If this has been proven wrong, how does taking more money from companies make them hire? Or giving the poor money to not work? See the problem with the welfare is if they make one dollar over a small amount they lose ALL benefits, it needs to be a sliding scale.