American Enterprise Institute (AEI) economist Aparna Mathur explains in an article on American.com, AEI's online journal, that the way to promote income equality is to lower corporate taxes (full text below).
Why? As Mathur and others demonstrates, when higher taxes are imposed on corporations, wages are lowered for workers both in that firm and elsewhere.
On average, a $1 increase in corporate tax revenues could lead to a dollar or more decline in wages.
More of Mathur's work on the subject can be found here.
Aparna Mathur has served as consultant to the World Bank and is available for interviews at amathur@aei.org, or through her research assistant, matt.jensen@aei.org - 202.862.5941
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