[HN Gopher] 50 years of tax cuts for the rich failed to trickle ...
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       50 years of tax cuts for the rich failed to trickle down, economics
       study says
        
       Author : paulpauper
       Score  : 76 points
       Date   : 2025-02-23 18:45 UTC (4 hours ago)
        
 (HTM) web link (www.cbsnews.com)
 (TXT) w3m dump (www.cbsnews.com)
        
       | gruez wrote:
       | (2020)
        
       | FrankWilhoit wrote:
       | The trickle down was never meant to trickle and if it had, the
       | people who advocated it would not have advocated it. Its purpose,
       | like that of the "business cycle", is to concentrate ownership.
        
         | dpe82 wrote:
         | The "business cycle" has no purpose; it's an emergent
         | phenomenon.
        
       | fuzzfactor wrote:
       | 50 years ago plenty of us knew they were lying at the time.
        
         | downrightmike wrote:
         | Time for Pinata economics it seems
        
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       (page generated 2025-02-23 23:01 UTC)