with the argument for higher minimum wage

who is gonna pay for it?

Can you demonstrate to me evidence that trickle down economics works? @Chemar

@Bruh Moment how about the guy who’s taking a large cut of the profits of the company

@Deleted User trickle down economics don’t work

The rich just hoard their wealth

Yes. To my knowledge lowering min wage feeds the idea of trickle down economics.

Clearly u guys are retarded

Companies love minimum wage lmao

No one pushed for amazon minimum wage except for competitors of Amazon

Minimum wage is essentially a way to drive out your small competitors

Ye

If you already had healthcare for your employers

But your competitors

Do not then you lobby for everyone to have healthcare

You dont lose, but they lose

You also get good publicity as well

Now explaining trickle-down economics

It doesnt exist

This is a leftist term

Otherwise we'll call all terms of socialism communism

But we wont for this point

The proper term is called Supply-Sided Economics

And it's based on 4 key principles.

1. A man taxed at 100% will not make any tax revenue.

2. A man taxed at 0% will not make any tax revenue.

3. Time is money.

4. Man likes to take risks

Follpwing these 4 principles is how supply-sided economic is founded on

1 you dont want to tax too high

Or people will just loophole you

2 you dont want to tax too low or else youre not a government

3 time is definitely money

Supply-sided economics is literally a synonym though so it doesn't matter which term you use

Any lobbying any bureaucracy bullshit that fucks up with time

Is money already lost

And 4 man is risky

Because he likes it

Now when supply-sided economics was introduced, Reagan said these four overall.

Companies are taxed at 90% yet still don't pay even half of it.

They use shell company and charity to evade these high taxes.