Economic growth more likely when wealth distributed to poor instead of rich
by Stephen Koukoulas from on (#ACQH)
The economic case for maintaining a progressive income tax structure and targeting welfare payments to those most in need is overwhelming
Having money from economic growth flow to poor people rather than the rich feeds into a lift in the rate of economic growth and lower unemployment. Conversely, as income inequality increases, the potential for economic growth is constrained.
The economic case for maintaining a progressive income tax structure and targeting welfare payments to those most in need is overwhelming.
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