Debate Magazine

More on the "Trickle-Down" Theory

Posted on the 15 January 2018 by Lowell
The Trickle-Down theory, which says the government needs to cut taxes on the rich so they can use the money saved to grow their businesses, hire more people and provide their employees with larger salaries, etc., does not work. 
In spite of Ronald Reagan, our "Alzheimic president", who loved to promote the theory, it has never worked but has always proven to be a means of enriching the wealthy and screwing the poor. 
And no matter what our current ignorant, stupid, serial liar, sexual predator president says, it will always remain a failed promise, due to the nature of the human animal and the capitalistic system.

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