Wednesday, September 26, 2012
The author of a new nonpartisan Congressional Research Service (CRS) report concluding that tax cuts for upper-income earners in America don’t spur economic growth is a frequent donor to the Democratic Party and President Barack Obama, political donation records show.
Thomas Hungerford authored “Taxes and the Economy: An Economic Analysis of the Top Tax Rates Since 1945″ for CRS. The report, published Sept. 14, came to a conclusion that supports Obama’s tax policy.
Hungerford’s LinkedIn profile shows he has worked at CRS since 2005. In 2008, political donation records published by the Center for Responsive Politics show Hungerford donated $3,500 to Obama’s campaign. He gave the president another $500 in August 2012. Since 2009, Hungerford has also donated $2,450 to Democratic Party organizations such as the Democratic Congressional Campaign Committee, the Democratic National Committee and the Democratic Senatorial Campaign Committee.