Trickle Down Economics Does Not Work

Author: Alexx | Category: Business | Economy | Human Interest | Politics National | Date: 11-13-2019

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The economic theory championed by conservatives that emerged during the Reagan era—that by cutting the tax rates of the rich/corporations would “trickle down” to everyone else through economic growth and job creation—has been proven to be INVALID.

Research actually shows the following:

1. Cutting the top tax rate does not lead to economic growth.

2. Cutting the top tax rate does not lead to income growth.

3. Cutting the top tax rate does not lead to wage growth.

4. Cutting the top tax rate does not lead to job creation. (more)

http://www.faireconomy.org/trickle_down_economics_four_reasons

Cutting taxes for people at the top increases income inequality. That’s what it does. (more)

https://www.salon.com/2019/04/12/echoes-of-history-trumps-movement-now-has-a-uniform-and-a-membership-card/

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