We're Going to Bring Back Main Street by Cutting Taxes

The idea that letting rich people keep more of their money in tax cuts means they will effectively share it out is debunked. David hope and julian limberg analyze the economic effects of tax cut introduced by politicians across five decades and 18 wealthy nations. Their conclusion, the rich got richer, and there was no meaningful effect on unemployment or economic growth. It attracted extensive global medior coverage, went viral on social media and was cited by high prophile economists and politicians. And i think we're a naive bunch for not thinking about this beforehand, says captain obviousthere was little ground in between between these two extremes, he adds.