Gordon V Jackson: the corporate tax cut myth

Posted on by under Austerity, Budgets, Canadian economy, corporate taxes, economic crisis, investment, liberal economic theory, Neoliberalism, Tax Cuts, unemployment

Apparently Stephen Gordon is having a hard time figuring out where Andrew Jackson, the chief economist for the CLC, got the bizarre idea that:

The argument for corporate income tax cuts has been that increased after-tax corporate profits would be re-invested in company operations, boosting economic growth, productivity, and jobs.

Stephen replies in the comments section:

No. That’s not the argument. At least, I’ve never heard anyone make it.

No one, ever, anywhere, has insinuated or made that argument.  Really?  To continue reading and comment click.

One thought on “Gordon V Jackson: the corporate tax cut myth”

  1. Pingback: Gordon V Jackson: the corporate tax cut myth | wellingtonstreetpost

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