The conditions under which tax cuts increase revenue literally never occur IRL
After decades, they haven’t increased revenue, haven’t boosted growth, & haven’t trickled down
Doesn’t mean tax cuts are inherently good/bad. They just don’t deliver on the promises the legislation always gets passed on
After decades, they haven’t increased revenue, haven’t boosted growth, & haven’t trickled down
Doesn’t mean tax cuts are inherently good/bad. They just don’t deliver on the promises the legislation always gets passed on
Comments
What are the methods by which more money given to the wealthy can "trickle down" to those less well-off?
1. Higher wages
2. Increased social spending
Republicans oppose and routinely block both 1 and 2. "Trickle down" is code for an