Meh Pluribus Unum
Democracy Now!
comments
Comments by "Meh Pluribus Unum" (@pluribus_unum) on "Rep. Ro Khanna Says Biden's Proposed Billionaire Tax Is a "First Step" in Addressing U.S. Inequality" video.
7
4
3
3
3
2
2
2
2
1
1
1
1
@p1randymarsh618 - The statistics show that higher tax revenues from many sources, when combined with transparency laws, oversight and audits, produces better standards of living. Republican tax policy is generally in denial of this reality and still uses the disproven "trickle-down" theory
The tax policies dominating Republican politics for five decades have produced a major decline across many metrics both in "red" states domestically, and consequentially the US internationally.
A 50-year comprehensive study on tax cuts like Reagan's and Trump's showed they make the rich richer, increase income inequality, and do nothing for economic growth, while contributing to declining investment in research, education, infrastructure, health care, and as a result of that decline in national investment, they result in a decline in global competitiveness.
1
1