Trickle down economics is the most effective way to stimulate an economy and create jobs. Who owns majority of the wealth and business in this country? The people in the top percent of the earning bracket; then why wouldn't it no be a good idea for the government to provide tax relief for the top percent earners. The money that they dont have to pay in tax they will use to higher more workers, invest in their company and spend more. Isn't that what people do when they have more money in their pocket, don't they spend it. Provide tax relief for the rich and create a job for the poor.
Rich people are very frugal. They would rather spend money on paying lawyers and accountants to find way to bring their tax burden percentage close to zero. These wealthy people also known as job creaters the ones who own all the businesses main goal is to maximise profits. What is profit? Profit is sales minus operational cost. How do you maximise profit? One way is to increase price but that is never a good idea especially if your competitors is not. The next thing is to cut workers and ask the remaining workers to do more. Another proof that trickle down economics don't work is year 2000 to 2008, enough said.
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