Cutting top rate taxes makes the rich richer. And that’s it
So, cutting taxes just makes the rich richer. And that’s it. And since we know inequality harms society these tax rates, it follows, are harmful to us all – the rich included.
So, cutting taxes just makes the rich richer. And that’s it. And since we know inequality harms society these tax rates, it follows, are harmful to us all – the rich included.
This table has just been published by the OECD and shows the “tax wedge” taken from employment earnings for all 34 OECD countries.