Ninth Level Ireland

“During the 1980s, US President Ronald Reagan promulgated a strategy for economic growth based on cutting the top tax bracket from 70% to 50% and then to 28%. ‘Trickle down’ economics or ‘Reaganomics’ argued that putting more money in the hands of the elite would create more jobs and lessen inequality …” (more)

[Ellen Hazelkorn, University World News, 31 July]

This entry was posted on Sunday, July 31st, 2011 at 20:19 and is filed under Governance and administration. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.