New Study Finds Tax Cuts For The Rich Cause Income Inequality, Not Economic Growth

New Study Finds Tax Cuts For The Rich Cause Income Inequality, Not Economic Growth: According to a new report by the Congressional Research Service, cutting taxes for the wealthiest does not cause economic growth, despite constant conservative claims that it will. Instead, tax cuts for the rich merely exacerbate income inequality, CRS found: Throughout the late-1940s and 1950s, the top marginal tax rate was typically above 90%; today it [...]/p