Transcribed
50 years of tax cuts for the rich failed to trickle down, economics study says _ r_nottheonion
Oct 19, 2024 ·
12m 34s
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
50 years of tax cuts for the rich failed to trickle down, economics study says _ r_nottheonion
This is an automatically generated transcript. Please note that complete accuracy is not guaranteed.
Description
These sources discuss the economic theory of "trickle-down economics," which suggests that tax cuts for the wealthy will stimulate the economy and benefit everyone. However, the sources argue that this...
show more
These sources discuss the economic theory of "trickle-down economics," which suggests that tax cuts for the wealthy will stimulate the economy and benefit everyone. However, the sources argue that this theory has been debunked by numerous economic studies and that it has, in fact, caused a widening income gap and stagnated economic growth. The sources examine historical examples of tax cuts and their impact on the economy and criticize the use of this theory as a political tool to benefit the wealthy at the expense of the middle and lower classes.
show less
Information
| Author | Alan Shore and Denise |
| Organization | DeepDive |
| Website | - |
| Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
Comments