Ep 5: Economic Impact of a Tax Code Designed for the Rich
Автор: When Capitalism Worked
Загружено: 2021-06-04
Просмотров: 591
Описание: How the majority of the American people enjoyed an increasing share of the nation’s wealth until the tax code changed, reversed their trajectory, and ensured instead an increasing share of the nation’s wealth for the top 0.1%, which is used not for employee compensation, but for share buybacks and mergers and acquisitions. And how debt is increasingly cheap for the rich, but expensive for the rest. And how low marginal consumption at the top contributes to slow economic growth.
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