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247 of 267 people found the following review helpful
5.0 out of 5 stars Concisely exposes a common political lie
Sowell outlines the evolution of "Trickle Down Theory."
His main points are that:

1. After World War I, Democrats and Republicans and even John Maynard Keynes, agreed that tax rates were too high. Because of the high rates of taxation, rich people tended to put their money into tax shelters, rather than investing in business ventures that employ people...
Published on October 1, 2012 by Gregory Adams

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1 of 1 people found the following review helpful
2.0 out of 5 stars somewhat disappointed.
I was expected a paperback book but got a pamphlet instead.Nothing I had not read before,somewhat disappointed.
Published 7 months ago by winfred j. nunn


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5 of 6 people found the following review helpful
5.0 out of 5 stars It's about time!, March 31, 2013
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It's about time that someone explained and cited examples of why tax rates must be lowered so that tax revenues are increased. We in this country are woefully ignorant of how our economy, as well as economics in general functions. Perhaps, if basic economics were taught in our public schools, our media and politicians would have a more difficult job of having us accept their rhetoric like children consuming pablum. Thank you Thomas Sowell for all of you works!
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3 of 3 people found the following review helpful
5.0 out of 5 stars Not J.m. Keynes for sure!, December 22, 2013
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Higher and Higher tax rates leads to Better and Better tax shelters.
Revenues do not increase just because you raise taxes, enough
examples show this to minds not closed by ideology.
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3 of 3 people found the following review helpful
5.0 out of 5 stars Great Piece, January 16, 2014
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Liked the logic and style of the argument. Typical excellence that one would expect from Sowell. Read his other works and be equally impressed.
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3 of 3 people found the following review helpful
5.0 out of 5 stars Great read, January 10, 2014
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This review is from: "Trickle Down Theory" and "Tax Cuts for the Rich" (Paperback)
As is always the case with Thomas Sowell, this is well written and filled with wisdom. I love this guy!
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4 of 5 people found the following review helpful
4.0 out of 5 stars Common Sense..., October 26, 2012
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This review is from: "Trickle Down Theory" and "Tax Cuts for the Rich" (Paperback)
Economic commentator Thomas Sowell offers a common sense primer on two hotly debated topics, so-called "Trickle Down Theory" and "Tax Cuts for the Rich." In a concise, quickly read essay, Sowell demonstrates that these terms are political playthings of the election cycle rather than recognized economic theories. In the process, he provides an introduction into a far more complex topic, the effects of taxes on the U.S. economy. This topic is explored in surprisingly readable detail in Sowell's book "Basic Economics", available through Amazon. The book is highly recommended to those readers who can overcome their distaste for an admittedly dry subject for the sake of a better understanding of both the economy and politics.
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2 of 2 people found the following review helpful
5.0 out of 5 stars Young People... Read Sowell, February 9, 2014
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Just read it before you start believing in the seductive myths of socialism and modern liberalism. Sowell explains this better than anyone since Milton Friedman.
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2 of 2 people found the following review helpful
5.0 out of 5 stars An excellent explanation of how and why tax cuts invigorate the economy!, November 25, 2013
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I've read several books by Dr. Sowell and many of his articles. He is articulate and backs his opinions and theories with facts. That's all you can ask for!
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2 of 2 people found the following review helpful
5.0 out of 5 stars Again a BullsEye, July 21, 2013
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Radical Progressive Jihadists must cringe every time he publishes. Mr. Sowell gives them new reasons to doubt their philosophies, and counters their arguments while they have heart palpitations.
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4 of 5 people found the following review helpful
4.0 out of 5 stars Propaganda debunked, March 24, 2013
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Dr. Sowell once again dismantles blindly accepted liberal conventional wisdom which unfortunately has even bled into the vernacular of fiscal conservatives forced to defend themselves against the onslaught of specious accusations put forth by ruthless collectivists. Their war of words to hide their own true agenda while mischaracterizing the intent of political opposition will never end. With the help of modern mass media, we have become inundated with false narratives crafted to dupe an intellectually lazy and thus ignorant electorate
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4 of 5 people found the following review helpful
5.0 out of 5 stars Sensible, understandable economics, January 11, 2013
By 
Francis X. Meaney "monomoy" (Boston, MA United States) - See all my reviews
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Professor Thomas Sowell has a genius for explaining difficult and complex subjects in a way that everyone can understand. In this short monograph he addresses one of the enduring myths that investors and savers don't make the economy run,when in fact they do.
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"Trickle Down Theory" and "Tax Cuts for the Rich"
"Trickle Down Theory" and "Tax Cuts for the Rich" by Thomas Sowell (Paperback - September 1, 2012)
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