Trickle Down Economics

11 thoughts
last posted Feb. 18, 2013, 4:57 a.m.

6 earlier thoughts


Thomas Sowell argues in Trickle Down Theory and Tax Cuts for the Rich that the combination of high tax rates along with tax-sheltered investments like state and municipal bonds that dollars that would otherwise go towards investments that would grow the economy, end up going to state and local governments.

4 later thoughts