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by refurb
481 days ago
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No, "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 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. |
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