Cutting Taxes on Millionaires DOESN’T Increase Economic Growth 6

By Daniel McKay
Cutting Taxes on Millionaires DOESN'T Increase Economic Growth
I’ll try to keep this post short. The question is whether or not cutting taxes on the super-rich actually does as much as those who advocate it think it should. A new study out by Laura Tyson and Owen Zidar of UC Berkeley suggests that Romney’s tax plan advocating a 20% across the board tax cut would ...

Does Taxing The Rich Hurt Growth? A Redistributive Lesson 5

By Daniel McKay
Does Taxing The Rich Hurt Growth? A Redistributive Lesson
Redistribution, progressive taxes, class warfare, taxing the rich. All of these you have probably heard recently, and depending on who you talk to you might have heard different things about them. The Democrats, and President Obama wish to raise the tax rate on the top earners – the $250,000 and $1 million marker has been ...