Pitchfork Economics with Nick Hanauer cover image

How rich people dodge taxes (with Gabriel Zucman)

Pitchfork Economics with Nick Hanauer

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The Effects of Tax Cuts on the Working Class

From 1950 to 1980, when the US tax system was very progressive GDP per adult grew at 2.2% a year on average. But from 1990 to 2020, another 30 years period of time,. The tax system was much less progressive. Tax is under reach have been slashed. And I think now that's evidence that trickle down is not working as we're supposed to.

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