Why Does The Trickle-down Effect Not Work?
Why Does The Trickle-down Effect Not Work? Essentially, trickle-down doesn’t work because lower taxes on the wealthy doesn’t create more employment, consumer spending or regained revenue. Income inequality has reached its highest point in 50 years, and money keeps accumulating at the top. Do tax cuts for the wealthy trickle-down? The trickle-down theory states that