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Friday, March 29, 2024

Comment by stjeanluc

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  1. stjeanluc

    And these evil idiots are passing tax cuts for corporations in the middle of a profit boom and when the average family is not seeing any benefits. And then when we are hit by a recession, they will cut spending because we live in a bizarro world where we do the opposite of what makes sense:

    The History of US Corporate Taxes In Four Colorful Charts

    So there you have it. Over the past four decades, corporate profits have doubled; tax rates have been cut in half; dividend payouts have gone up 400 percent; and the household income of the middle class has…

    Gone up a whopping 20 percent.

    But don’t worry. This time trickle-down economics will work. Believe me.



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