*SMLR-Net, the source of selected news on labor and employment relations and Human resource management* Title: Analyses claiming that taxes on millionaires and billionaires will slow economic growth are fundamentally flawed

*Author:* Josh Bivens Source: The Economic Policy Institute (EPI)

*Date:* Nov 18, 2019

*Summary:* In recent weeks, a number of policy analyses of progressive economic policies—a surtax https://taxfoundation.org/millionaires-surtax/on high-incomes, a wealth tax https://budgetmodel.wharton.upenn.edu/s/Prisinzano_WealthTaxDebate.pdf, and Social Security expansion https://budgetmodel.wharton.upenn.edu/issues/2019/3/1/the-social-security-2100-act-effects-on-social-security-finances-and-the-economy—have claimed these policies would damage economic growth. Policymakers should give these analyses very little weight in debates about these issues, for a number of reasons.

*Link: *http://bit.ly/34eda2u ---------------------------------------------------------------------- Eugene McElroy, Library Associate James Carey Library, School of Management and Labor Relations Rutgers, the State University of New Jersey 50 Labor Center Way, New Brunswick NJ 08901 848-932-9513 smlrlibrary@work.rutgers.edu http://smlr.rutgers.edu/carey-library