Economists Agree: Income Tax Cuts Didn’t Work
While conservative activists claim the Ocean State can cut its way back to prosperity, most academic economic studies agree that lowering income tax rates hasn’t worked that way, according to a new report from the Center for Budget and Policy Priorities. In fact, the study uses Rhode Island’s recent income tax cuts as an example [...]
Who Pays for Tax Cuts to the Rich? The Poor
A correspondent tells me that last week there was a meeting over at University Heights where some residents got bad news about their rent. University Heights was built in the 1960s as a mixed development, split about half and half between market rate apartments and subsidized apartments, available to poor people and families. It’s had [...]
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