Dad2three
Gold Member
- Jun 22, 2014
- 13,013
- 1,614
[MENTION=49669]Dad2three[/MENTION]So, thats the solution? Eliminate income inequality?
CREDIBLE economists have stated that for decades and decades, since the first GOP great depression, income inequality is one of the largest drivers of lack of good/higher quality education.
Income inequality, the US currently ranked 14th in upward mobility, can be reduced by PROGRESSIVE taxation, better and stronger safety nets, better funding of education and a desire to actually govern (GOOD GOV'T POLICIES) , something the GOP hasn't been keen on for 20+ years now!
Oh, and here is your chance. You claim CREDIBLE sources.
Please list them, and and add a link to their studies and calculations that lead them to the conclusion you support.
But, but I thought you had a busy week? lol
I already listed some, but here are more Bubba
How tax can reduce inequality
How tax can reduce inequality - OECD Observer
Reducing income inequality while boosting economic growth:
Can it be done?
This chapter identifies inequality patterns across OECD countries and provides new analysis of their policy and non-policy drivers. One key finding is that education and
anti-discrimination policies, well-designed labour market institutions and large and/or progressive tax and transfer systems can all reduce income inequality. On this basis, the chapter identifies several policy reforms that could yield a double dividend in terms of boosting GDP per capita and reducing income inequality, and also flags other policy areas where reforms would entail a trade-off between both objectives
http://www.oecd.org/eco/labour/49421421.pdf
Redistributive transfers and taxes reduce inequality by about a third
https://www.imf.org/external/np/speeches/2014/031314.htmSTUDY: These Charts Show There's Almost No Correlation Between Tax Rates and GDP
These Charts Show There's Probably No Correlation Between Tax Rates and GDP - Business Insider
Capital Gains Tax Rates and Economic Growth (or not)
If you read the editorial page of the Wall Street Journal (or surf around the nether regions of Forbes.com), you may come to the conclusion that no aspect of tax policy is more important for economic growth than the way we tax capital gains. Youd be wrong
Capital Gains Tax Rates and Economic Growth (or not) - Forbes