Trickle down refers to mainly breaks for the wealthiest, assuming that they’ll invest that money in business, and it goes down to workers wages rising eventually
Supply side is tax cuts for everyone at the same percentage
Or even flat tax
I see
Both in practice had the wealthiest taxed at the highest percentage though
What do you mean
You said tax breaks for the wealthy in trickle down
I did
Percentage wise
But in both cases, the wealthiest do have the highest taxes to pay in percentages
Supply side for example is a 5% break for all income groups
Percentage wise they get away with a pathetic tiny capital gains tax though
Trickle down is like a 7% break for the wealthiest, 3% break for lower income earners to achieve equilibrium
One issue about Reagan though was the deficit went way up
Yeah i mean it was bound to happen
Including debt
No it wasn’t really
Throufh all that deregulation and tax reductions
It’s possible to do tax cuts and reduce deficits at once
Yeah but still unlikely
The debt went up when he raised millitary spending for the arms race
Against the soviets
He was a big millitary spender
Where did you get that statistic
Fact
From where though
Washington post
These are real recorded numbers
Anywhere will say the same
Steve bank here
The government keeps track of spending
How did you find these so fast
Not research, these are pure, real numbers
Because they are recorded
Wow
You can’t lie or estimate money
