Wednesday, December 4, 2013

Lower corporate tax rate doesn't create jobs

(HT: Peter).  Isn't it funny how all the axioms of Republican economics turn out to be shibboleths?  

Tax cuts on the rich?  Don't trickle down; increase inequality.

Deregulation?  Hurts real people; passes the $ bill onto all of us.

Austerity as a cure for recession?  Increases deficits, hurts job creation.

Work or starve?  ... Well, that one's in play right now. Personally, I think we're going to have more starving and less working, but time will tell. Time will tell. And then so will I, you can bet on it!

By Linda Beale
December 3, 2013  | A Taxing Matter

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