Hillary Clinton has an ambitious, multilayered economic program that involves lots of new taxes on the rich to finance expanded social transfers, education and infrastructure.
“We are going to ask the wealthy and corporations to pay their fair share,” she said at Wednesday’s debate. “And there is no evidence whatsoever that that will slow down or diminish our growth.”
Well, not really. Two independent analyses conclude that by raising taxes so dramatically on the wealthy, her program will crimp investment and economic growth, though they disagree on how much.
This is not a surprise. As Mrs. Clinton shifted left during the Democratic primaries Read More

Source:: wsj