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everyone in the economy will benefit?
'''Trickle down theory''' is the theory that cutting taxes for the corporations and wealthy individuals will stimulate economic growth by increasing the amount of capital available to invest. Some argue that cutting taxes to the poor has a greater effect on the economy since almost all the money that they earn goes directly to buying products and services. President [[Ronald Reagan]] was a proponent of trickle down economics.
'''Trickle down theory''' is the idea - falsely attributed to conservatives - that helping rich people will indirectly help the poor.
:... if high income earners gain an increase in salary, then everyone in the economy will benefit as their increased income and wealth filter through to all sections in society.<ref> [http://www.economicshelp.org/blog/174/economics/trickle-down-economics/ The Economics Help Blog]</ref>
the theory that cutting taxes for the corporations and wealthy individuals will stimulate economic growth by increasing the amount of capital available to invest. Some argue that cutting taxes to the poor has a greater effect on the economy since almost all the money that they earn goes directly to buying products and services. President [[Ronald Reagan]] was a proponent of trickle down economics.
Actually, as economist [[Thomas Sowell]] points out,
Actually, as economist [[Thomas Sowell]] points out,