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You seem to not understand what 'trickle down' disparagingly refers to. The common contention with supply side economics isn't that savings == investment == g
by ende 10y ago
You seem to not understand what 'trickle down' disparagingly refers to. The common contention with supply side economics isn't that savings == investment == growth, rather it is in regards to the implications of marginal tax rates on tax revenues.
- TheOtherHobbes 10y agoIf taxes are collected effectively, and offshore loopholes are closed aggressively, trickle down stops having any relationship to reality at all.