Corporate tax cuts trickle up not down, new study confirms

A new study out of the U.K. has provided further proof that corporate tax cuts have been a multi-billion-dollar failure. 

Researchers found 50 years of tax cuts did not create jobs or economic growth and only benefitted the individuals who were directly affected, ultimately increasing inequality. The study should be considered by governments as they look at how to pay for the pandemic, its authors said.

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