How Taxing the Rich Harms the Middle Class

American Enterprise Institute (AEI) economist Aparna Mathur explains in an article on American.com, AEI's online journal, that the way to promote income equality is to lower corporate taxes (full text below).

Why? As Mathur and others demonstrates, when higher taxes are imposed on corporations, wages are lowered for workers both in that firm and elsewhere.

On average, a $1 increase in corporate tax revenues could lead to a dollar or more decline in wages.

More of Mathur's work on the subject can be found here.

Aparna Mathur has served as consultant to the World Bank and is available for interviews at [email protected], or through her research assistant, [email protected] - 202.862.5941

For help reaching any AEI scholars and for all other media requests, please contact Jesse Blumenthal at [email protected] (202.862.4870).

AEI's in-house ReadyCam TV studio may be booked by calling VideoLink at 617.340.4300. For radio interviews, please e-mail [email protected] to reserve AEI's ISDN facilities.

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