Sold as a prosperity booster, trickle-down tax cuts for the very rich do not increase prosperity, growth or employment for the average American. This sop to the rich does increase the deficit and income disparity. By contrast, restoring the child tax credit and enacting a billionaire’s tax would continue to narrow the gulf between the very rich and everyone else.
Trickle-down economics is a scam. Renewing tax cuts for the rich that are due to expire at the end of 2025 would do about as much for you as a degree from Trump University.
-Jennifer Rubin in the WaPost
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