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>I haven't heard a politician advocate trickle-down since the Reagan era Which country are you from? Certainly not the US, are you? It's called "cutting taxes"

>I haven't heard a politician advocate trickle-down since the Reagan era Which country are you from? Certainly not the US, are you? It's called "cutting taxes" these days, with the tax cuts being mostly applied to the ultra rich. The entire Republican party economic agenda still preaches trickle-down. If only because they are doing everything they can to prevent Reagan's trickle-down policies from being reverted. > 2020 will always be known as an economic outlier. It's like selecting 2008, or September 2001. Sounds like we're reliably getting an "outlier" every decade, huh. Also, outlier by what metric? That's a non-sequitur. Every year is an outlier in some way. 2017 was the only year with a total Solar eclipse, for example. It's an outlier! You need to specify the metric by which 2020 is an outlier, and how it can be biasing the study towards the conclusion that the paper reaches, otherwise it's no better than excluding 2017 for the Solar Eclipse reasons.

q1w2 5y ago
Any tax cuts are trickle down? So the Democrat's push to reinstate the SALT tax credit (cut) are trickle down also? Are tax cuts in any bracket trickle down? When the GOP raises taxes - do they implode?
- mtberatwork 5y ago
  > Any tax cuts are trickle down? Of course not, but when tax cuts for the top are billed to be wealth generating mechanisms for the middle and lower classes, that is literally the definition of "trickle-down economics".
  - simonsarris 5y ago
    I hope you understand that the SALT deduction that Dems want that he is referring to is a tax cut for the wealthy only. It exclusively applies to people wealthy enough to break the cap. https://www.nytimes.com/2021/11/02/us/politics/salt-cap-tax-deduction.html https://www.nytimes.com/2021/11/02/us/politics/salt-cap-tax-...
    - rsfern 5y ago
      It seems a bit misleading to focus on just this SALT cap aspect when that is part of a broader tax policy change. It’s at least being pitched as a sort of political compromise to get the rest of the build back better plan through. Thoughts? NYT is paywalled, but I found https://www.vox.com/2021/11/6/22766735/salt-deduction-cap-democrats-biden https://www.vox.com/2021/11/6/22766735/salt-deduction-cap-de... interesting
    - mtberatwork 5y ago
      I was responding to the parent's remark that "any tax cuts are trickle down?". As I mentioned, tax cuts on the wealthy pushed as wealth generating mechanisms for the lower classes is the literal definition of "trickle-down economics". Furthermore, who is saying the Dems never push the "trickle-down" argument themselves?
  - deleted 5y ago
    [deleted]
- rsfern 5y ago
  To be fair, GP did use scare quotes to denote “tax cuts”. The specifics of the tax policy matter, to your point, but I do think it’s kind of common to frame this sort of trickle down attitude in terms of cutting specific taxes
- romwell 5y ago
  >Any tax cuts are trickle down? No, just the ones that benefit the massively wealthy individuals and corporations. >So the Democrat's push to reinstate the SALT tax credit (cut) are trickle down also? Irrelevant. >Are tax cuts in any bracket trickle down? You have asked this question already. >When the GOP raises taxes [for the massively wealthy corporations and individuals] - do they implode? Almost certainly. Any further questions?

q1w2 5y ago

Any tax cuts are trickle down? So the Democrat's push to reinstate the SALT tax credit (cut) are trickle down also? Are tax cuts in any bracket trickle down? When the GOP raises taxes - do they implode?

mtberatwork 5y ago
> Any tax cuts are trickle down? Of course not, but when tax cuts for the top are billed to be wealth generating mechanisms for the middle and lower classes, that is literally the definition of "trickle-down economics".
- simonsarris 5y ago
  I hope you understand that the SALT deduction that Dems want that he is referring to is a tax cut for the wealthy only. It exclusively applies to people wealthy enough to break the cap. https://www.nytimes.com/2021/11/02/us/politics/salt-cap-tax-deduction.html https://www.nytimes.com/2021/11/02/us/politics/salt-cap-tax-...
  - rsfern 5y ago
    It seems a bit misleading to focus on just this SALT cap aspect when that is part of a broader tax policy change. It’s at least being pitched as a sort of political compromise to get the rest of the build back better plan through. Thoughts? NYT is paywalled, but I found https://www.vox.com/2021/11/6/22766735/salt-deduction-cap-democrats-biden https://www.vox.com/2021/11/6/22766735/salt-deduction-cap-de... interesting
  - mtberatwork 5y ago
    I was responding to the parent's remark that "any tax cuts are trickle down?". As I mentioned, tax cuts on the wealthy pushed as wealth generating mechanisms for the lower classes is the literal definition of "trickle-down economics". Furthermore, who is saying the Dems never push the "trickle-down" argument themselves?
- deleted 5y ago
  [deleted]
rsfern 5y ago
To be fair, GP did use scare quotes to denote “tax cuts”. The specifics of the tax policy matter, to your point, but I do think it’s kind of common to frame this sort of trickle down attitude in terms of cutting specific taxes
romwell 5y ago
>Any tax cuts are trickle down? No, just the ones that benefit the massively wealthy individuals and corporations. >So the Democrat's push to reinstate the SALT tax credit (cut) are trickle down also? Irrelevant. >Are tax cuts in any bracket trickle down? You have asked this question already. >When the GOP raises taxes [for the massively wealthy corporations and individuals] - do they implode? Almost certainly. Any further questions?