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Woe for the Working Classes

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  • John Connor

Abstract

It is hard to find any evidence that tax increases reduce the work-effort of high-income earners, according to this economist. Meantime, traditional families in the lower-income half of our population have been faring badly for most of the past quarter century even without comparing them to the top fifth and especially to the top 5 percent who have done so well. The only good years the traditional family has had in the past twenty-five followed a tax increase in 1993. All those gains have been lost since the tax decrease in 2001.

Suggested Citation

  • John Connor, 2007. "Woe for the Working Classes," Challenge, Taylor & Francis Journals, vol. 50(2), pages 20-38.
    • Handle: RePEc:mes:challe:v:50:y:2007:i:2:p:20-38
    DOI: 10.2753/0577-5132500202
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    References listed on IDEAS

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