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Brown Cafe UPS Forum
UPS Union Issues
Will the trickle down economics actually work?
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<blockquote data-quote="bbsam" data-source="post: 5439701" data-attributes="member: 22662"><p>That’s simply not true. Tax rates were high throughout the 50’s, 60’s and the 70’s. Reagan cutting taxes probably had to happen but the US citizen has been sold on the falsehood that taxes are evil. </p><p></p><p>Maybe if those tax cuts had actually trickled down instead of propping up years and friend corporate quarterly reports, we’d be in a better place. That hasn’t happened. Corporate America has focused their attention upon competing on Wall Street and only Wall Street.</p></blockquote><p></p>
[QUOTE="bbsam, post: 5439701, member: 22662"] That’s simply not true. Tax rates were high throughout the 50’s, 60’s and the 70’s. Reagan cutting taxes probably had to happen but the US citizen has been sold on the falsehood that taxes are evil. Maybe if those tax cuts had actually trickled down instead of propping up years and friend corporate quarterly reports, we’d be in a better place. That hasn’t happened. Corporate America has focused their attention upon competing on Wall Street and only Wall Street. [/QUOTE]
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Will the trickle down economics actually work?
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