What if I told you that everything we have been taught about US economics is wrong? Before your eyes start to glaze over in anticipation of boring economic jargon, let me acquaint you with 5 simple facts that might just wake you up.
While economics is a very complex subject and rarely does a single factor directly cause a single result, experts mainly agree that drastically reduced top marginal tax rates are associated with higher income inequality.
Many Americans have been indoctrinated by MSM to believe that having the rich pay their fair share of taxes wouldn't change anything. Little do they know that low top marginal tax rate are directly correlated with high-income inequality because the savings enables the wealthy to accumulate more wealth.