Difference between revisions of "Trickle down theory"
Jump to navigation
Jump to search
m (See Also) |
|||
| Line 1: | Line 1: | ||
| − | '''Trickle down theory''' is the theory that cutting taxes for the corporations and wealthy individuals will stimulate economic growth by increasing the amount of capital available to invest. | + | '''Trickle down theory''' is the theory that cutting taxes for the corporations and wealthy individuals will stimulate economic growth by increasing the amount of capital available to invest. [[Liberals]] falsely claim that cutting taxes to the poor has a greater effect on the economy since almost all the money that they earn goes directly to buying products and services. President [[Ronald Reagan]] was a proponent of trickle down economics. |
==See Also== | ==See Also== | ||
Revision as of 14:07, November 11, 2012
Trickle down theory is the theory that cutting taxes for the corporations and wealthy individuals will stimulate economic growth by increasing the amount of capital available to invest. Liberals falsely claim that cutting taxes to the poor has a greater effect on the economy since almost all the money that they earn goes directly to buying products and services. President Ronald Reagan was a proponent of trickle down economics.