Home > Uncategorized > Dutch Historian Has News for Davos: Higher Marginal Taxes Do NOT Hurt the Economy

Dutch Historian Has News for Davos: Higher Marginal Taxes Do NOT Hurt the Economy

January 31, 2019

The plutocrats gathered at Davos heard some unsettling news from Rutger Bregman: Philanthropy is no substitute for taxes.. and there is a country where high marginal tax rates DID result in economic growth: the United States during the Eisenhower administration.

The Davos crowd also heard from Winnie Byanyima, Executive Director of Oxfam International on the flaws of employment data… namely that fact that employment data fails to take into account the DIGNITY of the jobs counted.

While I am glad the plutocrats heard this news, it is unfortunate that more Americans did not hear this information.

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