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Reminder: "According to a study by the London School of Economics, 50 years worth of tax cuts contributed absolutely nothing to GDP growth and employment rates across 18 nations that tried 'trickle down economics', since the wealthiest hoard far more than they spend."

cbsnews.com/amp/news/tax-cuts-

@noelle I wanna say belief in trickle down economics is basically the same as belief in unicorns at this point but like, how many people died because someone believed in unicorns?

@z @noelle

I have a distinct memory of being taught trickle down theory very early in public school... could have been 2nd grade even... :blackblob:

@noelle
Governments shouldn't be Taxing their Citizens income

@noelle Basic economic theory made this outcome obvious. The reverse does more.

It's basic microeconomics and the income effect.

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Hic quoque abibit.

Just Ellie (and perhaps some of her toys).