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Tax cuts for business called colossal failure study says
Citizens for Tax Justice released a study on 238 firms showing dividends rose 17 percent and cash reserves grew while corporate investment in plant and equipment fell or shifted to acquisitions. The report says the Reagan tax cuts failed to spur job creation, with some firms even increasing payouts to shareholders.
MENTIONED IN THIS ARTICLE
Washington
Citizens For Tax Justice
Reagan
Tax Justice Group
Organized Labor
Robert 8. McIntyre