trickle down economics
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The 2017 Tax Cuts and Job Act (TJCA) really did a job on the American people. The results were predictable. A similar tax cut in Kansas in 2012 was a disaster for Kansas. It benefited the rich, led to a stagnant economy, took money from infrastructure and schools, and put Kansas far in debt. States… Read more
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President Trump’s new tax plan looks a lot like Governor Brownback’s tax plan for Kansas, which had been disastrous for the state’s economy. Rational Republicans should realize that if an experiment fails, and fails miserably, there is no point in repeating it. That is particularly true when the economy of the entire country is at stake. Both the… Read more
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Trumps new tax plan looks a lot like Gov. Brownback’s tax plan for Kansas, which had been disastrous for the state’s economy. It is based on Laffer’s curve which is displayed at the right. The Laffer curve looks like a normal distribution curve. If the nation is on the high side of the curve with taxes… Read more
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Aristotle argued that a stable democracy required a strong middle class. The Pope, in his recently published Exhortation, argues against the ideology hurting the poor and destroying the middle class. This article examines how the income inequality came about and how it could be corrected. Read more
J.C. Moore Online 