runn wrote:
Trickle Down was the unofficial term that the intelligent people used for the idea that if you give wealthy people and HUGE corporations tax breaks and refunds they will use the money to invest in the USA.
They didn't then and they do not now.
Call it what you want, I'm simply telling you what was going on in the late 70's/early 80's.
W Bush tried something like it again. Why? Why try something that failed?
Oh- he was OWNDED by big business. He WAS big business.
Please explain the concept of "giving tax breaks."
If I am robbing you, and decide to "give" you a couple of bucks back from your wallet, didn't I just take less and not really "give" you anything?