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Saturday, November 18, 2017

Tax Reform Act of 1986, which lowered the corporate tax rate by 12 points, led real wages to fall for 10 years.



Bruce Bartlett‏ @BruceBartlett


On Lawrence O'Donnell's show tonight I said that the Tax Reform Act of 1986, which lowered the corporate tax rate by 12 points, led real wages to fall for 10 years. Here is the data.

 




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