Tax Cuts Don’t Lead to Economic Growth, a New 65-Year Study Finds – The Atlantic

Tax Cuts Don’t Lead to Economic Growth, a New 65-Year Study Finds

Here’s a brief economic history of the last quarter-century in taxes and growth. In 1990, President George H. W. Bush raised taxes, and GDP growth increased over the next five years. In 1993, President Bill Clinton raised the top marginal tax rate, and GDP growth increased over the next five years.