The University of Massachusetts Amherst
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UMass Economics

Gerald A. Epstein is interviewed about claims that the tax cut program promoted by the President and congressional Republicans will boost the economy or create jobs; Epstein argues there is little evidence that cutting taxes for the top 1 percent will do anything for the overall economy

Gerald A. Epstein, economics and co-director of the Political Economy Research Institute, is interviewed about claims that the tax cut program being promoted by President Donald J. Trump and congressional Republicans will boost the economy or create jobs. He says tax cuts for the middle class could boost the economy because people will spend the extra money but what Trump and Republicans are pushing is a cut for the very top earners and not consumers or small businesses. Epstein argues there is little evidence that cutting taxes for the top 1 percent will do anything for the overall economy. (The Real News Network, 10/24/17)