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Richard Stallman's Political Notes

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Tax cuts for rich don't increase economic growth

mercredi 5 octobre 2022 à 22:33

Yanis Varoufakis: tax cuts for the rich can't make wealth trickle down to the poor, because those tax cuts don't increase economic growth at all. Rich people and companies given extra wealth don't seek, nowadays, to invest it in increased production. Instead they manipulate markets.