4 ms·
This seems like a odd conclusion. The Reagan tax cuts and Trump tax cuts lowered taxes for many in the middle class. I never heard anyone claim anything about
by refurb 2y ago
This seems like a odd conclusion.
The Reagan tax cuts and Trump tax cuts lowered taxes for many in the middle class. I never heard anyone claim anything about tax cuts "trickling down", it was more "you'll pay less taxes".
- barbazoo 2y agohttps://en.m.wikipedia.org/wiki/Trickle-down_economics https://en.m.wikipedia.org/wiki/Trickle-down_economics
- ngetchell 2y agoI think you'll find if you do a little research that Republicans use the idea of trickling down to justify their tax cuts. They even make the CBO change their accurate models to "dynamic scoring" models to help sell those tax cuts.
- refurb 2y agoNo, "trickle down" is just what the opposition called it. "Political opponents of the Reagan administration soon seized on this language in an effort to brand the administration as caring only about the wealthy." https://en.m.wikipedia.org/wiki/Trickle-down_economics https://en.m.wikipedia.org/wiki/Trickle-down_economics The argument was never that "tax cuts for the wealthy make it down to the middle class", it was supply side - lowering taxes gives people more money (in general) which stimulates economy activity.