Walmart’s Executive Bonuses Cost Taxpayers Millions
Walmart has been widely criticized for shifting the costs of its low-wage model onto taxpayers. This report, co-published by IPS...
Walmart has been widely criticized for shifting the costs of its low-wage model onto taxpayers. This report, co-published by IPS...
There’s another reason to get upset when CEOs make millions: Taxpayers are subsidizing some of this wealth.
"Ronald Reagan's theory was really 'trickle down' economics...and renamed 'supply side.' Cut tax rates for the wealthy; everyone else will benefit. As Reagan's budget director David Stockman confided at the time, the supply-side rhetoric 'was always a Trojan horse to bring down the top rate.'" —The Gipper's Economy. To see how the Trickle Down Con was sold to the public click here.