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Trumponomics: Failure Pre-Programmed
Rudolf Hickel
Macro-economic and ecological connections are simply ignored with the concentration on short-term profit. The planned reduction of corporate taxes from the current 35% to 15 or 20% recalls the Laffer curve as the basis of Reagan's fiscal policy error. Between 2009 and 2015, the top US corporations stashed $1.6 trillion in tax havens. The social state and the energy turn are not funded but subverted. Oxfam explains how the Trump reform will worsen life.

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