Do Economists “Know” That Personal Tax Rates Don’t Matter for the Economy?

Here is what Business Week writer Brendan Greeley tells us about the effect of personal taxes on our economy: “Economists have known for a while that personal marginal tax rates, and in particular those on the rich, don’t seem to have much of an effect on the economy.”

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Airy Slogans Are No Substitute for Economic Policy

In his Daily Beast  article below, Michael Tomasky says that the presidential election has finally killed off Reaganomics which he further defines as “trickle down” economics which he also refers to as supply side economics and tax cuts for the rich.

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