Tuesday, July 26, 2011

Lower Taxes Don't Create Jobs

One of the tenets of the Republicans' failed "trickle-down" economic policy is that lowering the taxes for the richest Americans will create jobs for everyone else. Of course, as the above chart shows, this is an outrageous lie. All lowering taxes for the rich does is fatten the bank accounts of the rich. And I'm sure it's just a coincidence (NOT!) that most members of Congress, especially Republicans, just happen to be rich. This chart was found at the blog What Would Jack Do?.

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