1 : relating to or working on the principle of trickle-down theory trickle-down economics. 2 : relating to or being an effect caused gradually by remote or indirect influences.
How does trickle-down work?
The idea behind trickle-down economics is simple: cut taxes for the richest and the benefits will trickle down . ... Any lost tax revenue is, theoretically, regained by the economic boost created by these jobs, as well as taxes paid by workers now they have more money.
What’s the meaning of trickle-down?
1 : relating to or working on the principle of trickle-down theory trickle-down economics. 2 : relating to or being an effect caused gradually by remote or indirect influences.
What is another word for trickle-down?
| result consequence | flow-on effect upshot | aftermath fruit | repercussion backwash | precipitate spin-off |
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What is the example of trickle down effect?
Many economists believe that cutting taxes for the poor and working families does more for an economy because they’ll spend the money since they need the extra income. A tax cut for a corporation might go to stock buybacks while wealthy earners might save the extra income instead of spending it.
How do you use trickle down in a sentence?
Incidents have caused this feeling to trickle down through the church. “Trickle down economics doesn’t work .” It starts with the coach and trickles down to the players. Tears welled in his eyes and started trickling down his cheeks.
What is a trickle up economy?
The trickle-up effect or fountain effect is an economic theory used to describe the overall ability of middle class people to drive and support the economy. The theory was founded by John Maynard Keynes (1883–1946).
Is trickle-down economics supply side?
Supply-side economics is better known to some as “Reaganomics,” or the “trickle-down” policy espoused by 40th U.S. President Ronald Reagan.
Why trickle-down economics works in theory but not in fact?
Out of this range, trickle-down theory is deemed infeasible. Trickle-down economics generally does not work because: Cutting taxes for the wealthy often does not translate to increased rates of employment, consumer spending, and government revenues in the long term .
Did Reagan trickle-down work?
Cuts worked during Reagan’s presidency because the highest tax rate was 70% . They have a much weaker effect when tax rates are below 50%. Reaganomics would not work today because tax rates are already low compared to historical levels of 70%.
What is the synonym of trickle?
In this page you can discover 20 synonyms, antonyms, idiomatic expressions, and related words for trickle, like: leak , seep, drift, gush, drip, dribble, stream, issue, flow, spurt and water-washed.
What does knock-on effect mean?
: something (such as a process, action, or event) that causes other things to happen The drought is likely to have a knock-on effect throughout the whole economy.
What is flow on effect?
Flow-on-effect meaning
The indirect effect of an action that arises when the immediate result causes similar effects in additional settings . noun.
What is trickle-up and trickle-down theory of fashion?
Origins of the trickle-down and trickle-up effects
Trickle-down theory describes the inability of the lower social classes to develop fashion style of their own , leaving only the upper social classes to influence the fashion trend. Lower social classes are therefore left to imitate the fashion trend of the rich.
Who put forth trickle across theory?
It can be observed that it is not Georg Simmel who invented the trickle-down theory: in his 1904 article this author does not even cite his compatriot, unlike Durkheim seven years earlier.
What is the trickle-down effect in sport?
The trickle-down effect assumes that sporting success at the elite sport level descends down to the amateur sport level in the sense that people are inspired by sporting success to participate themselves .
