History Proves Cutting The Corporate Tax Rate Will Not Raise Wages

Bruce Bartlett, a former economic adviser to President Ronald Reagan, shared the attached graph. The graph demonstrates that cutting the corporate tax rate does not raise wages. In 1986, the corporate rate was cut from 46% to 34% and real wages declined for 10 years.

"When Republicans claim that cutting the corporate tax rate will raise wages, show them this chart. In 1986, the corporate rate was cut from 46% to 34% and real wages FELL for 10 years."

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