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Footing the COVID-19 bill: economic case for tax hike on wealthy

  • Written by David Hope, Lecturer in Political Economy, King's College London
Footing the COVID-19 bill: economic case for tax hike on wealthySheila Fitzgerald / Shutterstock.com

Governments shouldn’t be worried that raising taxes on the rich will harm their economies when deciding on how to pay for COVID-19. Our new research on 18 advanced economies shows that major tax cuts for the rich over the past 50 years have pushed up inequality but have had no significant effects on...