Two Thumbs
Platinum Member
you proved in your own post that it works then declared it didn't.You know, ever since "trickledown economics" first came around, all the people who voted for tax cuts for the rich said that it would stimulate the economy because more people would be spending more money.
Well, they have done studies over the years and they have found that for every dollar in tax cuts that the rich get, it only generates 1.03 for the economy, because rich people tend to sock their money away in investments and savings.
If a poor or middle class person gets a dollar in tax cuts, it generates 1.63 for the economy. Why? Because poor and middle class people are generally living paycheck to paycheck and they spend more of their income on things like food, fuel, housing and the like.
Nope, "trickle down" has never worked.
How about for once, we try the rising tide lifts ALL boats theory?