(Also, the money that is spent to invest in our national or local infrastructure goes directly to private companies most of the time. )
Under President Reagan the top tax rate was 50%. The wealthy were only keeping 50% of their profits and income, yet the economy grew. TODAY the wealthy are keeping 65% of their profits and income, 15% more than under President Reagan, yet the economy is NOT growing.
This is because the supply side economic policies simply do not work.
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