Saturday, February 16, 2013

PERRspectives: Income Inequality Data Show Reverse Robin Hood Recovery

PERRspectives: Income Inequality Data Show Reverse Robin Hood Recovery
"Republicans protesting that tax increases on supposed "job creators" will hurt economic growth and employment need not fear. The historical record shows that the U.S. economy grew much faster and produced jobs in far greater numbers when taxes were higher--even much higher. In December, the Congressional Budget Office concluded that ending the Bush tax cuts for the rich would have virtually no impact on the U.S. economy at all."