50-year study of tax cuts on wealthy shows they always fail to “trickle down” (salon.com) 30 points by doener 5y ago ↗ HN
[–] admiralspoo 5y ago ↗ Correlation != correlation. Globalization has been a force for 50 years in all of the countries they studied, and inequality has worsened even in communistic countries like China. [–] actuator 5y ago ↗ PRC's economy is quite capitalistic. They do have important sectors like banking under government control though.
[–] actuator 5y ago ↗ PRC's economy is quite capitalistic. They do have important sectors like banking under government control though.
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