50 years of tax cuts for the rich failed to trickle down, economics study says

www.cbsnews.com

50 years of tax cuts for the rich failed to trickle down, economics study says

www.cbsnews.com

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to Socialism@lemmygrad.ml · 3 years ago

Tax cuts for the wealthy didn't boost the economies of the U.S. and 17 other countries — but they did worsen income inequality.

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#Welcome to /c/socialism

Socialism as a political system is defined by democratic and social control of the means of production by the workers for the good of the community rather than capitalist profit, based fundamentally on the abolition of private property relations.

Socialism is also a sociopolitical movement dedicated to the critique and dismantling of exploitative structures, including economic, gendered, ethnic oppression.

Socialism, as a movement, confronts these different systems of oppression as mutually conditioning, intersectional, and/or dialectically related within the current hegemonic order. It seeks to overcome oppression in a holistic manner without neglecting any particular axis so that it might be eliminated and genuine social emancipation may be realized. We recognize that Socialism cannot be achieved while structural oppression continues and workers are divided.

We look forward to your participation in our sub, but please be mindful of our posting guidelines.

Are you new to socialist ideas? Wondering what alternatives to capitalism exist? Please check out our educational materials and wiki further down in this sidebar.

#Posting Guidelines

Please read our General Bans Policy

No:

Racism
Sexism
Ableism
Homophobia
Transphobia
Religious Bigotry
Fascists
Rape Apologia
Reactionaries
Police Apologia
Lesser Evilism (Clinton, Macron, etc.)
Supporting Neoliberalism (NATO, EU, etc.)
Anti-Working Class Rhetoric
Anti-Immigrant Rhetoric
Colonial Apologia
Western Imperialist Apologia
Liberalism

Furthermore, do not make bad-faith attacks on other socialists, including:

Gulag jokes
Kronstadt jokes
Icepick jokes

Keep meta posts constructive. Avoid shitposting. This is not a sub for sharing other user’s post histories or for sharing screenshots of ridiculous things liberals say.

No linking to /c/Socialism in brigade subs or participating in subs that harass our users

/c/Socialism is a sub for socialists, and a certain level of knowledge about socialism is expected. If you are derailing discussions or promoting non-socialist positions, your comments may be removed, and you may receive a warning or a ban. If you are not a Socialist but are learning about it, be polite, or you will be banned for trolling. Low effort images: powerful expressions of socialism are always welcomed in r/socialism. Expressions may vary including pictures, cartoons, comics, illustrations, and even memes. However, those expressions which lack quality (does not clearly shows a socialistic construct), or has low-quality insights (possibly for karma and/or upvotes) may not be posted. Thus, those images that do not meet these quality standards will be removed.

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