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A comment on The Economic Consequences of Major Tax Cuts for the Rich [pdf]. Parent comment

Re:The Economic Consequences of Major Tax Cuts for the Rich ... by 14 on Monday July 26, 2021 @01:37PM (#27962416)
I am amazed that we actually need a study to determine this. The whole trickle down economy felt like a farce from the get go. “If we let the rich have just a little more money surely they will give it back to us!”. Well I wonder what the breaking point is. Inequality can only last for so long before people have nothing else to lose.
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Re:The Economic Consequences of Major Tax Cuts for the Rich ... by skapadia on Monday July 26, 2021 @01:39PM (#27962434)
The breaking point will likely happen in the next decade.
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Re:The Economic Consequences of Major Tax Cuts for the Rich ... by l33t2328 on Monday July 26, 2021 @01:45PM (#27962540)
*if we let the rich keep a little more of their own money, instead of making them give it to the government, maybe they will invest it

For the record, we’re no where near a breaking point in America. For as much complaining you see on HN and reddit and twitter, people in real life are happy.

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