Trickle down
What is trickle down? Trickle down is this. I make more
money than you do. Therefore I should pay less in taxes, percentage-wise than
you. Why? because I may spend some of that money, and eventually it may create jobs.
It is an economic myth invented as a rationalization for an inequitable burden
by those who benefit from the inequity.
Even those who argue it, recognize it can only be a trickle at best.
In contrast, "flow up" is an economic reality.
Middle class households that are allowed to keep more of their income will
spend it, guaranteed, growing the economy for everyone.
posted by David Tyme @ 7:30 PM
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