Message from @Krux
Discord ID: 608145493951774731
under bush, yes
Trumponomics as well as Regan
Are Trickle down economics
under trump, it follows a pattern
but that pattern was already there
Under Regan the National Debt and Deficit increased.
a gradual slope is not an explosion
A slight exaggeration.
It’s a gradual slope sure.
But it increased significantly under Reagan
I’m trying to point out Trickle Down Economics is utter bullshit.
It has never worked, and will never worked.
And certainly not what Tariff Man is proposing
it only went up exponentially under Bush JR
Not disputing that.
and that’s is not a point I was trying to say
Also, trickle down isnt a proper term, you're referring to reaganomics?
It is used interchangeably
i dont think* trump endorses reaganomics
But yes
But it is trickle down economics
how so?
because of the capital gains tax cut?
Here’s the idea of Trickle Down Economics
You give the wealthy a tax cut. A trillion dollar tax cut in this case
And the model follows.
That you believe that this tax cut will allow for
1) Worker’s wages to increase
i dont think you have a solid understanding in this
How so?
let me ask, how exactly do you think Trump cut taxes for the rich? Im asking this to test your knowledge
If you dont know you can feely admit, im not here to try to make you look bad
I think I do, but not fully.
only to have a civil discussion about interesting topics
Nah I’m not here to be an egocentrist
Pretty sure he lowered the tax rates
With seven brackets
trump cut taxes that disproportionately affected those who invest in terms
But then again I could be wrong
in the form of capital taxes