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The US already tested the "trickle down" economic hypothesis.
by ghouse 11y ago
The US already tested the "trickle down" economic hypothesis.
- merpnderp 11y agoThe tax rates during "trickle down" were hardly much different than they've been for the last 40 years. For instance the top capital gains tax rate was set to 20%. Exactly what it is today.
- ctdonath 11y ago"Trickle down" was a deliberate mischaracterization by opponents of Regan's economic plans. What it construes wasn't implemented.
- kefka 11y agoYes, and the Capitalists whom Reagan's plans helped ended up doing what with the gains? That's right. They saved it. They didn't "invest" or whatever crap was spewed then. They didn't hire more people.