fadan asked in Politics & GovernmentPolitics · 2 months ago

Why do liberals oppose trickle down economics?

Don't they realize it makes good economic sense? If billionaires get tax cuts then it means they have more money to make jobs and to spend buying things which means more people can be employed and that the economy grows. Taxing the rich like liberals want to do leads to loss of jobs and outsourcing. Since they create jobs for us and buy stuff that goes into the salaries of people that work for companies it trickles down for us. Of course this only works if you give tax cuts and money to the rich, if you give it to the poor they will just abuse it and become entitled on welfare.

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  • 2 months ago
    Favorite Answer

    You did good until here: "Of course this only works if you give tax cuts and money to the rich, if you give it to the poor they will just abuse it and become entitled on welfare." 

    That gave you away as a troll.

    The government doesn't give the rich or poor money, unless it is welfare. They allow them to keep more of what they earned. In other words, it is already their money that wasn't confiscated.

  • 2 months ago

    Rich people hold on to their money more than less wealthy. It doesn't trickle, it just gets siphoned off into holding pens for the wealthy to dip their toes into.

  • 2 months ago

    Gee, it's NEVER worked that way. Why would anyone expect it to now?

  • Rowan
    Lv 7
    2 months ago

    What I support is allowing businesses to run cheaply, through government tax cuts, separately to rich people, who do not need more than a hundred million to survive, ever. At any one time if one person has more than a hundred million dollars, they should be shot, because they could feed a million starving children in Africa for a year. Not their meat, but you know, give that to the New Guinea tribesmen. 

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  • 2 months ago

    It has been proven in every attempted implementation of it that it is a complete and utter failure. You'd have to be a complete idiot to think trickle-down works. Be smarter. 

  • 2 months ago

    It caused the Republicans to run right over the American tax payer for the benefit of the rich. Reagan gave blacks crack and the rich billions. Not bad for a dead man. Not good either.

  • hamel5
    Lv 7
    2 months ago

    You have to be a troll. 

  • 2 months ago

    Cause it's bs where wealth trickles to the top in reality

  • Anonymous
    2 months ago

    Liberals oppose anything that benefits the working class American Family

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