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Why Trickle Down Doesn’t Work

December 11th, 2017 · No Comments

  • Tax cuts for the wealthy doesn’t trickle down, at least not in the US, the evidence is clear.
  • Tax cuts for corporations might fare a little better through increased investments by small private companies and self-fulfilling optimism.
  • The idea that tax cuts will pay for themselves hasn’t played out in the past and is even less likely to play out today.
  • However, the tax cuts are likely to be very good for shareholders.

Source: Why Trickle Down Doesn’t Work – SPDR S&P 500 Trust ETF (NYSEARCA:SPY) | Seeking Alpha

Tags: Economy · Voodoo economics