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Paula Overby on Tax Reform

 

 


Wealth does not trickle down

Q: Do you support higher taxes on the wealthy?

A: Support--It's not a meaningful question. The federal government supports wealth inequality by spending programs that support the wealthy. Taxes minimize the inflation that results from government's deficit spending. Wealth does not trickle down. A healthy economy depends on the circulation of money. It is hindered by the accumulation of money which is what we see today with the growing inequality of wealth. We need new spending priorities.

Source: OnTheIssues interview of 2018 Minnesota Senate candidate , May 13, 2018

Other candidates on Tax Reform: Paula Overby on other issues:
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Page last updated: Jun 18, 2018