Trickle Down

Trickle down is not an economic theory. Trickle down is a political philosophy. The concept that wealth will “trickle down” has failed. We recently have more than a decade of evidence that the idea of tax breaks benefiting people of the lower income level does not work it never did it apparently it never will. When tax breaks are given to the high income or 1% if you will the resulting flow of capital is simply to benefit the very wealthiest usually in the form of increased savings.

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