
This week: The other Big Lie
Sedii Matsunyane
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<div dir="auto">As the country's poor get poorer and our middle-class teeters on collapse, Persisters everywhere are getting pretty tired of hearing about the "trickle-down” economics. Tune in to hear about the <a href= "http://eprints.lse.ac.uk/107919/1/Hope_economic_consequences_of_major_tax_cuts_published.pdf" target="_blank" rel="noopener" data-saferedirecturl= "https://www.google.com/url?q=http://eprints.lse.ac.uk/107919/1/Hope_economic_consequences_of_major_tax_cuts_published.pdf&source=gmail&ust=1613759939629000&usg=AFQjCNF11jGYHVwhJU97AxSEV-7llrKMzw"> new study</a> published by the London School of Economics that debunks trickle-down with hard data. Spoiler alert: Tax cuts for the rich only increased the wealth of the top 1% and didn’t spur growth or reduce unemployment. But wait, there's more! Since the COVID 19 crisis began, Jeff Bezos' wealth grew by roughly $70 billion, Elon Musk's by $132 billion. We need a big change and it's called a wealth tax. This week Alexa and Terry will unpack the deets on Elizabeth Warren's two-cent wealth tax.</div>
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This week: The other Big Lie
Sedii Matsunyane