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Do tax cuts for rich people create growth? (with Bruce Bartlett)

Do tax cuts for rich people create growth? (with Bruce Bartlett)

FromPitchfork Economics with Nick Hanauer


Do tax cuts for rich people create growth? (with Bruce Bartlett)

FromPitchfork Economics with Nick Hanauer

ratings:
Length:
37 minutes
Released:
Jan 29, 2019
Format:
Podcast episode

Description

Since forever, Republicans have insisted that cutting taxes on wealthy corporations and individuals would grow the economy, create jobs, and lift wages. But it never does. As an early architect of what became “Reaganomics,” Bruce Bartlett was there at the birth of this GOP tax myth. He joins the podcast to help set the record straight.
Bruce Bartlett: American historian who helped draft the Kemp-Roth tax bill that formed the basis of President Reagan’s 1981 tax cuts. Served as domestic policy adviser for Reagan, in the Treasury for George H.W. Bush, and in senior roles for other American politicians. Former Executive Director of the Joint Economic Committee of Congress. 
Twitter: @BruceBartlett
Further reading:
Want to Expand the Economy? Tax the Rich! https://prospect.org/article/want-expand-economy-tax-rich 
I helped create the GOP tax myth. Trump is wrong: Tax cuts don’t equal growth. https://www.washingtonpost.com/news/posteverything/wp/2017/09/28/i-helped-create-the-gop-tax-myth-trump-is-wrong-tax-cuts-dont-equal-growth/?noredirect=on&utm_term=.4344a80a6efc
Released:
Jan 29, 2019
Format:
Podcast episode

Titles in the series (100)

Any society that allows itself to become radically unequal eventually collapses into an uprising or a police state—or both. Join venture capitalist Nick Hanauer and some of the world’s leading economic and political thinkers in an exploration of who gets what and why. Turns out, everything you learned about economics is wrong. And if we don’t do something about rising inequality, the pitchforks are coming.