Reality shows that it does work.

 

Your reality is a fantasy and only reality for the top income earners.

"Since 2000, usual weekly wages have risen 3% (in real terms) among workers in the lowest tenth of the earnings distribution and 4.3% among the lowest quarter. But among people in the top tenth of the distribution, real wages have risen a cumulative 15.7%."

Also, the companies with their MASSIVE corporate tax cuts have spent a larger percentage paying back investors over corporate investment or wages which benefits.... Wait for it, the top 1%. But at least they are saving $150 a month on taxes.

 

Trickle down doesn't work.

A 2012 study by the Tax Justice Network indicates that wealth of the super-rich does not trickle down to improve the economy, but it instead tends to be amassed and sheltered in tax havens with a negative effect on the tax bases of the home economy.

https://www.theguardian.com/business...omy-tax-havens


In 2013, Pope Francis referred to "trickle-down theories" in his apostolic exhortation Evangelii Gaudium with the following statement:

Evangelii Gaudium : Apostolic Exhortation on the Proclamation of the Gospel in Today's World (24 November 2013) | Francis


A 2015 paper by researchers for the International Monetary Fund argues that there is no trickle-down effect as the rich get richer:

https://www.imf.org/en/Publications/...spective-42986


A 2015 report on policy by economist Pavlina R. Tcherneva described the failings of increasing economic gains of the rich without commensurate participation by the working and middle classes, referring to the problematic policies as "Reagan-style trickle-down economics," and "a trickle-down, financial-sector-driven policy regime".

http://www.levyinstitute.org/pubs/pn_15_4.pdf

-Sourced from wiki

 

Letting people keep more of their money ALWAYS benefits the economy at large.

 

The current tax cuts have given us the largest wage growth in over a decade. It's not just about "wage growth" it's about "economic growth" the so-called "trickle" comes in the form of jobs and benefits.

Trickle down was a name given to it by the left. It's called Supply side and it doesn't work, It generates economic growth.

I don't understand how people can sit here and act like "Wealth inequality" is a legitimate issue. Wealth is created, wealth is not part of a some finite pie that everyone gets a slice of.

 

Wealth inequality is not the problem, growth inequality is the problem. It's a lot like international JVs, we don't want them stealing the flying that would have been ours, we just want to grow together to our mutual benefit.

 

I just heard Bernie's running. That ought to help in your world.

 

Bernie once complained tax cuts did nothing for people earning under 50,000 a year. People earning under 50,000 a year don’t pay federal taxes if married and very little if single. In most cases they get a earned income credit and a refund when they paid no taxes in the first place. It’s difficult to cut someone’s taxes when you don’t pay any in the first place.

 

Just stop with these facts. Please.

 

Not when you owe $22 trillion and continue to grow your obligation. Looks like you owe about $180,000 personally. Congratulations on yall's ability to deny reality.

U.S. National Debt Clock : Real Time

And these people call themselves conservatives. Now that's some funny Schiit.