A Smoking Gun

I'll start with the mantra of this endeavor:  you don't make an economy/society better by making the rich richer.  The Tea Baggers/supply siders/Hooverites/let them eat cakers continue to spew the "business and the rich shouldn't have to pay taxes and if they didn't Eden will spring up in every home and hamlet in the realm".  A number of organizations which track data have taken a look at what happened the last time Corporate America got another dollop of dessert. 

The studies are from National Bureau of Economic Research, National Tax Journal, and Allen Sinai (who authored a lobby group's study, but has since recanted).  Sinai, by the way, is a respected economist, not a corporate mouthpiece.

As usual, and as I have been saying in this endeavor, giving money to those who have more than they know what to do with doesn't lead to growth.  More to the point, Merck should have been driven to bankruptcy as the result of its management's stupidity and cupidity.  In fact, the American taxpayers made both management and shareholders far richer.  Is this anyway to run a country?