Taxes

‘Trickle-down’ tax cuts don’t work, study says

A car passes a sign advertising sign that says 'It's Tax Time'.

The 1980s brought a wave of tax cuts in countries like the US and UK. Image: REUTERS/Kevin Lamarque

Harry Kretchmer
Senior Writer, Formative Content
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Distribution of major tax cuts for the rich, 1965-2015
The 1980s saw a cluster of nations cut taxes on the rich. Image: London School of Economics
Taxes on the wealthiest have fallen in many nations. Image: London School of Economics
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TaxesBanking and Capital MarketsDavos Agenda
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